Isaac Hager Acquires Boerum Hill Package Deal For $32.5M
100 Dean Street
$32,500,000
Building Size
—
Asset Type
Package Deal
Closing
Nov 17, 2023
AI
A package deal in Boerum Hill, Brooklyn has recently been sold for a total of $32,500,000. The property, located at 1000 Dean Street, was acquired by Isaac Hager from the seller, Meadow Partners. The transaction was handled by brokers David Schechtman, Abie Kassin, and Lipa Lieberman from Meridian Capital Group.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $32,500,000
- Address: 1000 Dean Street
- Market: Boerum Hill, Brooklyn
David Schechtman, Abie Kassin, and Lipa Lieberman from Meridian Capital Group played a key role in the deal as the brokers representing the parties involved. Their expertise and guidance contributed to the successful completion of the transaction.
Players
Brooklyn Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
Loading comparables…
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