Greg Wiszienki Acquires Multifamily Properties In Ridgewood & Bedstuy For $3.43M
SOLD
$3,430,000
New York
See Similar DealsMultiFamily10,750 SF
Sold 09/17/2019
SOLD
Greg Wiszienki Acquires Multifamily Properties In Ridgewood & Bedstuy For $3.43M
532 Chauncey St, Brooklyn, NY 11233, USA
See Similar DealsMultiFamily10,750 SF
Sold 09/17/2019
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$319
Total Square Footage:10,750 SF
Transaction Type:Sale
The multifamily property located at 932 Seneca Street and 532 Chauncey in Ridgewood and Bedstuy has been sold in a recent transaction. The property consists of two buildings with a total square footage of 10,750. The building at 932 Seneca Street offers 5,400 square feet, while the building at 532 Chauncey provides 5,350 square feet. With a total of 12 units, the property generated a gross income of $242,000. The sale price for this transaction was $3,430,000, resulting in a total price per square foot of $319.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,430,000
- Square Footage: 10,750
- Units: 12
- Gross Income: $242,000
The seller of the property was David Shorenstein. On the other hand, Greg Wiszienki acted as the buyer in this transaction. The brokerage firm EVRGRealty was represented by Daniel Barcelowsky.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$182,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,186.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,259.95
Annual Debt Service$195,119.40
Is there something missing? Send suggestions