Updated Dec 21, 2023
Jack Judah Cattan Purchases Single Family Home On East 9th Street In Midwood, Brooklyn
1043 East 9th Street, Midwood, Brooklyn, NY, USA
$3,800,000
$1,430/SF
Building Size
2,656 SF
Asset Type
Single Family Residence
Closing
Oct 27, 2021
About this deal
AI
Located at 1043 East 9th Street in the Midwood neighborhood of Brooklyn, this single-family property was recently sold on October 28, 2021. The asset, with a total of 2,640 square feet, features a lot size of 4,000 square feet and a FAR of 0.66. The property is zoned as R2X and OP, with a tax class of 1. The last recorded sale of the property was on December 12, 1989, with a price of $0.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,800,000
- Buyer: Jack Judah Cattan
- Seller: Rochelle Edelstein
- Price per square foot: $1431
- Total square footage: 2,656
- Lot dimension: 40 ft x 100 ft
Representing the buyer in this transaction is Jack Judah Cattan. The seller, Rochelle Edelstein, successfully closed the deal with a sale price of $3,800,000. The price per square foot for this property was $1431. The transaction involved a single-family property with a lot size of 4,000 square feet and a total of 2,656 square feet of space.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $3.8M for 2,656 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93