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
Market 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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93