Updated Sep 5, 2024
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
6,800 SF
Asset Type
MultiFamily
Closing
Jun 28, 2023
About this deal
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.
On the Map
$2,575,000
$189/SF
MultiFamily
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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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93