Penn Badgley & Domino Kirke Acquire Co-op In Park Slope For $1.8M
140 8th Avenue, Brooklyn, New York 11215, United States
$1,825,000
$18/SF
Building Size
97,768 SF
Asset Type
Other
Closing
Oct 20, 2021
About this deal
AI
A co-op located at 140 8th Ave. in Park Slope has been sold in a recent transaction. The property, with a zoning designation of R7B, offers unique characteristics and features. The sale price for this co-op was $1,825,000. The total square footage of the property is 97,768, which results in a price per square foot of $18. The lot size measures 24,000 square feet, with dimensions of 125 ft x 192 ft.
Summary of transaction details
- Property Type: Co-op
- Transaction Amount: $1,825,000
- Zoning: R7B
- Square Footage: 97,768
- Price per Square Foot: $18
- Lot Size: 24,000 sq ft
- Lot Dimensions: 125 ft x 192 ft
The buyers of this co-op are Penn Badgley and Domino Kirke. Representing them in this transaction were brokers Michael Petrosino and Janice Cimberg, who work for Brown Harris Stevens.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.69%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93