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341 Bergen Street, Brooklyn...

Updated Dec 21, 2023

Shlomo Avdoo Acquires Garages In Boerum Hill, Brooklyn For $32.3M
SOLDOther

Shlomo Avdoo Acquires Garages In Boerum Hill, Brooklyn For $32.3M

341 Bergen Street, Brooklyn, New York 11217, United States

$32,322,068

$1,705/SF

Building Size

18,955 SF

Asset Type

Other

Closing

Dec 27, 2021

About this deal

AI

Located at 341 Bergen Street in Boerum Hill, Brooklyn, this property transaction involved the sale of garages. The zoning for the property is R7B, allowing for residential use. The transaction took place on December 28, 2021, and the parties involved were Shlomo Avdoo as the buyer and Warren Prosky as the seller.

Summary of transation details

  • Property Type: Garages
  • Transaction Amount: $32,322,068
  • Address: 341 Bergen Street, Boerum Hill, Brooklyn
  • Market: Boerum Hill, Brooklyn
  • BSF: 112,500
  • PPBSF: $287
  • SF: 18,955
  • PPSF: $1,705
  • FAR: 0.51
  • Tax Class: 4
  • Lot Size: 37,500
  • Last Sale Price: $0
  • Lot Dimension: 375 ft x 100 ft

Shlomo Avdoo represented himself as the buyer in this transaction. Warren Prosky acted as the seller's representative. The property has a lot size of 37,500 square feet and a building square footage (BSF) of 112,500. It was sold for a price of $32,322,068, with a price per building square foot (PPBSF) of $287. The last recorded sale for this property was $0. The lot dimension is 375 feet by 100 feet.

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New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $1.7K per square foot on a published $32.3M for 18,955 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.49%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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