Douglas Elliman's Mendelsshon Joseph, Daunte Monroe, Russell Barnes & RJ Lennon Acquire Package Deal In Prospect Lefferts Garden For $2.25M
349 Fenimore St, Brooklyn, NY, USA
$2,250,000
$360/SF
Building Size
6,240 SF
Asset Type
Other
Closing
Sep 30, 2021
About this deal
AI
The package deal at 347 & 349 Fenimore St. in Prospect Lefferts Garden has been sold for a price of $2,250,000. This property comprises a total square footage of 6,240. The sale price per square foot equates to $360.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $2,250,000
- Square Footage: 6,240
- Price Per Square Foot: $360
- Market: Prospect Lefferts Garden
The transaction was facilitated by the brokers Daunte Monroe, Mendelsshon Joseph, Russell Barnes, and RJ Lennon of The Lennon Team at Douglas Elliman.
Players
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93