Ryan Serhant Acquires Boerum Hill Townhouse In Brooklyn From Jonathan Safran Foer For $7.6M
374 Pacific St, Brooklyn, NY 11217, USA
Building Size
80,000 SF
Asset Type
Other
Closing
Mar 15, 2018
About this deal
AI
Jonathan Safran Foer has sold his townhouse located at 374 Pacific Street in Boerum Hill, Brooklyn. The property, spanning 8,000 square feet, was sold for $7,600,000 at a rate of $950 per square foot. The transaction took place on March 16, 2018, with Ryan Serhant as the buyer.
Summary of transation details
- Property Type: Townhouse
- Transaction Amount: $7,600,000
- Square Footage: 8,000 sf
- Price Per Square Foot: $950
- Seller: Jonathan Safran Foer
- Buyer: Ryan Serhant
Jonathan Safran Foer's townhouse sale was facilitated by Ryan Serhant, representing the buyer in this transaction. The deal was finalized on March 16, 2018. We hope both parties are satisfied with the outcome of this real estate transaction. Happy St. Patty's!
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93