Chaim Wurzberger Acquires Hospital In Flatbush, Brooklyn For $3.2M
80 Linden Boulevard, Brooklyn, New York 11226, United States
$3,175,000
$640/SF
Building Size
4,960 SF
Asset Type
Other
Closing
Dec 15, 2021
AI
Located in the Flatbush neighborhood of Brooklyn, the property at 80 Linden Boulevard has been sold in a recent transaction. The asset, categorized as a Hospital, is situated on a lot measuring 4,921 square feet. The building has a total square footage of 16,928 square feet and a price per square foot of $640.12. The transaction was completed on December 16, 2021, with a sale price of $3,175,000.00.
Summary of transaction details
- Property Type: Hospital
- Transaction Amount: $3,175,000.00
- Address: 80 Linden Boulevard
- Market: Flatbush, Brooklyn
- Zoning: R7-1
The buyer in this transaction is Chaim Wurzberger, while the seller is Anna Chen. The property has a floor area ratio (FAR) of 1.01 and falls under tax class 4. The lot dimension is 43.17 feet by 114 feet. The previous sale of the property took place on March 1, 2012, for a price of $0.
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
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93