Joseph Tawil Acquires Brooklyn Prospect Heights Property For $5.2M With Dan Marks, Daniel Lebor, Peter Matheos, Garrett Allen, Adam Tannenbaum
603 Bergen St, Brooklyn, NY 11238, USA
$5,200,000
$52/SF
Building Size
100,000 SF
Asset Type
Other
Closing
Jun 5, 2019
AI
The property located at 603 Bergen St in Brooklyn, Prospect Heights has been sold. The sale price for the property was $5,200,000. The property spans over an area of 10,000 square feet, resulting in a price per square foot of $520.
Summary of transaction details:
- Property Type: Not specified
- Transaction Amount: $5,200,000
- Address: 603 Bergen St, Brooklyn, Prospect Heights
- Market: Brooklyn, Prospect Heights
The seller of the property was Richard Baronio, while the buyer was Joseph Tawil from Broadway Export. The transaction was facilitated by the following brokers: Dan Marks, Daniel Lebor, Peter Matheos, Garrett Allen, and Adam Tannenbaum.
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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93