facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

Elegran Real Estate & Dougl...

Ji Tobias Sells Multifamily Property In New York City For $7.2M With Buyer's Rep Jules Garcia & Seller's Rep Nadia Bartolucci
SOLDMultiFamily

Ji Tobias Sells Multifamily Property In New York City For $7.2M With Buyer's Rep Jules Garcia & Seller's Rep Nadia Bartolucci

$7,200,000

$1,638/SF

Building Size

4,394 SF

Asset Type

MultiFamily

Closing

Jun 15, 2023

AI

Ji Tobias sold a multifamily property in Park Slope, Brooklyn in a closed transaction. The property spans 4,394 square feet. The sale price was $7,200,000, resulting in a price per square foot of $1,639.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $7,200,000
  • Square Feet: 4,394
  • Price Per Square Foot: $1,639

In this transaction, Jules Garcia from Elegran Real Estate represented the buyer, while Nadia Bartolucci from Douglas Elliman represented the seller, Ji Tobias. Jules Garcia and his buyers were able to beat out multiple offers on this property, thanks to his expertise as a top broker in NYC.

Players

Nadia Bartolucci

Douglas Elliman

Broker

$29.3M

vol

4 deals

Broker
Jules Garcia
Verified Badge

Jules Garcia

Waterview At CB Warburg

Broker

$23M

vol

6 deals

Broker

Market 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

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93