Elena Smirnova Of The Agency Represents Buyer In Brooklyn Multifamily Sale For $1.64M
SOLD
$1,640,000
New York
See Similar DealsMultiFamily2,563 SF
Sold
SOLD
Elena Smirnova Of The Agency Represents Buyer In Brooklyn Multifamily Sale For $1.64M
97a Cooper Street
See Similar DealsMultiFamily2,563 SF
Sold
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$639
Total Square Footage:2563 SF
Transaction Type:Sale
This multifamily asset located at 97a Cooper Street in Brooklyn features 2 units and encompasses a total square footage of 2,563. The transaction was completed at a sale price of $1,640,000, resulting in a per unit price of $820,000 and a price per square foot of $639.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,640,000
- Units: 2
- Square Footage: 2,563
- Price Per Unit: $820,000
- Price Per Square Foot: $639
- Buyer's Representative: Elena Smirnova - The Agency
- Seller's Representatives: Daniel Chun & Christina Morgan - Compass
- Date of Transaction: 03/26/2025
The deal involved Elena Smirnova representing the buyer, while Daniel Chun and Christina Morgan represented the seller, highlighting a collaboration between The Agency and Compass in this transaction. The transaction closed on March 26, 2025.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$87,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,826.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,774.44
Annual Debt Service$93,293.24
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