Updated Oct 28, 2024
Alchemy Ventures Acquires Multifamily Asset In Park Slope, Brooklyn For $3.9M
913 Union Street, Brooklyn, New York 11217, United States
$3,925,000
$882/SF
Building Size
4,449 SF
Asset Type
MultiFamily
Closing
Aug 10, 2022
About this deal
AI
A multifamily property located at 913 Union Street in Park Slope, Brooklyn has been sold for a total of $3,925,000. The property consists of 5 units, with each unit having a price per unit (PPU) of $785,000. The total square footage of the property is 4,449, resulting in a price per square foot (PPSF) of $882. The sale was completed on 08/11/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,925,000
- Address: 913 Union Street
- Market: Park Slope, Brooklyn
The buyer of the property is Alchemy Ventures, represented by Samuel Kooris. The seller of the property is Stephen Schipani and Brett Marvin.
On the Map
$3,925,000
$882/SF
MultiFamily
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New York MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.04%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93