Four Corners Development Group Acquires Residential Building In Brooklyn For $12M
SOLD
+ 3
New York
See Similar DealsOther44,800 SF
Sold 11/29/2020
SOLD
Four Corners Development Group Acquires Residential Building In Brooklyn For $12M
2501 Newkirk Ave, Brooklyn, NY 11226, USA
See Similar DealsOther44,800 SF
Sold 11/29/2020
+ 3
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$0
Total Square Footage:44,800 SF
Transaction Type:Sale
A residential building located at 2501 Newkirk Avenue in Brooklyn, New York has been sold for a price of $12,000,000. The property has a total area of 44,800 square feet with a price per square foot of $267. The building consists of 54 units.
Summary of transaction details:
- Property Type: Residential Building
- Transaction Amount: $12,000,000
- Address: 2501 Newkirk Avenue
- City: New York
- Market: Brooklyn
- Square Footage: 44,800
- Price per Square Foot: $267
- Number of Units: 54
The seller of the property is Newkirk Realty Holdings 250 LLC, represented by Daniel Cohen. The buyer is Four Corners Development Group, represented by Jason Wisotsky. The broker involved in the transaction is ZP Realty Capital, represented by Zev Pollak.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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