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29 Devoe St, Brooklyn, NY 1...

Updated Dec 21, 2023

Marzena & Andrzej Potrapeluk Acquire 29 Devoe St In Williamsburg For $1.76M
SOLDOther

Marzena & Andrzej Potrapeluk Acquire 29 Devoe St In Williamsburg For $1.76M

29 Devoe St, Brooklyn, NY 11211, USA

$1,760,000

$352/SF

Building Size

5,000 SF

Asset Type

Other

Closing

Jun 20, 2019

About this deal

AI

Located in Brooklyn's Williamsburg neighborhood, the property at 29 Devoe St recently underwent a closed transaction. The seller, Louise Pizza Sampogna, sold the property to buyers Marzena & Andrzej Potrapeluk. The transaction was facilitated by brokers Hakeem Lecky & Luke Sproviero.

Summary of transaction details:

  • Property Type: Residential
  • Asking Price: $1,900,000
  • Sale Price: $1,760,000
  • Square Footage: 5,000
  • Price per Square Foot: $352
  • Address: 29 Devoe St, Brooklyn, Williamsburg

The property, spanning 5,000 square feet, was sold for a sale price of $1,760,000, with an asking price of $1,900,000. The price per square foot was $352. The transaction took place on June 21, 2019. Brokers Hakeem Lecky & Luke Sproviero represented the seller and the buyers respectively.

Players

Hakeem Lecky

Investment Property Realty Group (IPRG)

Broker

$91M

vol

31 deals

Broker

New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $352 per square foot on a published $1.8M for 5,000 square feet (2019).

Visit Luke Sproviero to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.01%

Cash-on-Cash

-2.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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