Updated Dec 21, 2023
Ari Harkov & Nina Sabag Represent Sale Of Multifamily Property On Vanderveer Street, Bushwick
90 Vanderveer St, Brooklyn, NY 11207, USA
$1,520,000
$526/SF
Building Size
2,887 SF
Asset Type
MultiFamily
Closing
Nov 8, 2022
About this deal
AI
The multifamily property located at 90 Vanderveer Street in Bushwick, Brooklyn has been sold. The property spans 2,887 square feet and was sold for a price of $1,520,000, resulting in a price per square foot of $526.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,520,000
- Address: 90 Vanderveer Street, Bushwick, Brooklyn
- Market: Bushwick, Brooklyn
- Seller: Abdur Rahman
- Seller's Representative: Nina Sabag - 5 Boro Realty
- Buyer's Representative: Ari Harkov - Brown Harris Stevens
Ari Harkov, from Brown Harris Stevens, represented the buyer in this transaction, while Nina Sabag of 5 Boro Realty acted as the seller's representative.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.44%
Cash-on-Cash
-2.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93