facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

92 Brooklyn Ave Brooklyn, N...

Jermaine Larose Acquires Brooklyn Avenue Package Deal For $2.6M
SOLDMultiFamily

Jermaine Larose Acquires Brooklyn Avenue Package Deal For $2.6M

92 Brooklyn Ave Brooklyn, NY 11216, USA & 94 Brooklyn Avenue

$2,575,000

$189/SF

Building Size

13,600 SF

Asset Type

MultiFamily

Closing

Jun 28, 2023

AI

Savitri Richardson of SLR Real Estate facilitated the sale of a package deal in New York City. The property, located at 92 & 94 Brooklyn Avenue, was sold by Paz Peters to Jermaine Larose for a price of $2,575,000. The package deal included a total of 6,800 square feet, resulting in a price per square foot of $379.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $2,575,000
  • Address: 92 & 94 Brooklyn Avenue
  • Market: New York City
  • Buyer: Jermaine Larose
  • Seller: Paz Peters
  • Broker: Savitri Richardson - SLR Real Estate
  • Square Footage: 6,800
  • Price per Square Foot: $379

Savitri Richardson, representing SLR Real Estate, worked as the broker in this transaction. The deal, which took place on June 28, 2023, marked the successful sale of the package deal between Jermaine Larose and Paz Peters.

Players

Savitri Richardson

SLR Real Estate

Broker

$4.6M

vol

2 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.16%

Cash-on-Cash

-1.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93