Updated Dec 4, 2024
Goodman Capital Sells Multifamily Asset At 332 Myrtle Avenue Brooklyn For $2.465M
332 Myrtle Avenue
$2,465,000
$570/SF
Building Size
4,324 SF
Asset Type
MultiFamily
Closing
Sep 10, 2024
About this deal
AI
The property asset is a multifamily building located at 332 Myrtle Avenue in Brooklyn. It sold for a price of $2,465,000, encompassing a total square footage of 4,324 with a price per square foot of $570.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,465,000
- Square Footage: 4,324
- Price per Square Foot: $570
- Seller: Goodman Capital
- Brokers: John Florek & Jack Fayer - Fairview Property Group
- Date of Transaction: 09/10/2024
John Florek and Jack Fayer represented Fairview Property Group in this transaction, effectively facilitating the sale between Goodman Capital and the eventual buyer.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit John Florek to view all their deals.
Browse Brooklyn multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.44%
Cash-on-Cash
-1.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93