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Theodore Yedinsky Acquires Miscellaneous Property In Gowanus, Brooklyn For $3.3M

Property Image
SOLD
$3,305,000

New York

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Other1,836 SF
Sold 12/20/2021
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Property Image
SOLD

Theodore Yedinsky Acquires Miscellaneous Property In Gowanus, Brooklyn For $3.3M

21 1st Street, Brooklyn, New York 11231, United States

See Similar Deals
Other1,836 SF
Sold 12/20/2021
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Summary

NEW YORK
Asset Type:Other
Price Per Square Foot:$1,800
Total Square Footage:1,836 SF
Transaction Type:Sale

A property located at 21 1 Street in Gowanus, Brooklyn has been sold for a price of $3,305,000. The asset type is described as Miscellaneous and it falls under the R6B zoning. The property has a building square footage (BSF) of 2,754 with a price per BSF (PPBSF) of $1,200. The total square footage (SF) of the property is 1,836 with a price per square foot (PPSF) of $1,800. The lot size is 1,377 and the lot dimension is 16.67 ft x 81 ft.

Summary of Transaction Details

  • Property Type: Miscellaneous
  • Transaction Amount: $3,305,000
  • Market: Gowanus, Brooklyn
  • Buyer: Theodore Yedinsky
  • Seller: David Rosen
  • BSF: 2,754
  • PPBSF: $1,200
  • SF: 1,836
  • PPSF: $1,800
  • FAR: 1.33
  • Tax Class: 1
  • Lot Size: 1,377
  • Last Sale Price: $2,250,000 (7/30/2015)
  • Lot Dimension: 16.67 ft x 81 ft

The buyer in this transaction is Theodore Yedinsky and the seller is David Rosen.

Players

5 deals$45.4M volume
SELLER

Details

SOLD
IMAGE: 12/20/2021 ADDRESS: 21 1 Street MARKET: Gowanus, Brooklyn ASSET TYPE: Miscellaneous ~ ZONING: R6B BUYER: Theodore Yedinsky SELLER: David Rosen PRICE: $3,305,000 BSF: 2,754 ~ PPBSF: $1,200 SF: 1,836 ~ PPSF: $1,800 FAR: 1.33 TAX CLASS: 1 LOT SIZE: 1,377 LAST SALE PRICE: $2,250,000 (7/30/2015) LOT DIMENSION: 16.67 ft x 81 ft

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$176,266.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,741.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,667.39
Annual Debt Service$188,008.63