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153 76th Street, Brooklyn, ...

Updated Dec 21, 2023

Mikhail Grigoriev Acquires Bay Ridge, Brooklyn Suburban Property For $3.6M
SOLDOther

Mikhail Grigoriev Acquires Bay Ridge, Brooklyn Suburban Property For $3.6M

153 76th Street, Brooklyn, New York 11209, United States

$3,600,000

$1,153/SF

Building Size

3,120 SF

Asset Type

Other

Closing

Dec 28, 2021

About this deal

AI

A property located at 153 76 Street in Bay Ridge, Brooklyn has been sold for a total price of $3,600,000. The asset type is suburban with a zoning classification of R2, BR. The property has a building square footage of 3,000 and a price per building square footage of $1,200. The total area of the property is 3,120 square feet, with a price per square foot of $1,153. The property has a floor area ratio (FAR) of 0.52 and falls under tax class 1. The lot size is 6,000 square feet, and the last sale of the property took place on August 23, 2011, at a price of $1,200,000. An alteration permit was issued for the property on June 19, 2012, categorized as Alteration 3. The lot dimension is 60 feet by 100 feet.

Summary of transaction details

  • Property Type: Suburban
  • Transaction Amount: $3,600,000
  • Buyer: Mikhail Grigoriev
  • Seller: Peter Gorantes
  • Building Square Footage: 3,000
  • Price per Building Square Footage: $1,200
  • Total Area: 3,120 square feet
  • Price per Square Foot: $1,153
  • Floor Area Ratio (FAR): 0.52
  • Tax Class: 1
  • Lot Size: 6,000 square feet
  • Last Sale Price: $1,200,000 (08/23/2011)
  • Permits: Alteration 3 (06/19/2012)
  • Lot Dimension: 60 ft x 100 ft

The buyer of the property is Mikhail Grigoriev, while the seller is Peter Gorantes. No additional information about the key individuals or companies involved in the transaction is available.

Players

New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $3.6M for 3,120 square feet (2021).

Browse New York other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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