Jonathan Fox Sells Ocean Hill SFR On Herkimer Street For $1.23M With Buyer's Rep Alana McIntosh And Seller's Rep Lia Wiedemann
1071 Herkimer Street, Brooklyn, NY 11233
$1,230,000
$711/SF
Building Size
1,730 SF
Asset Type
Single Family Residence
Closing
Nov 17, 2020
AI
Located in the Ocean Hill neighborhood of Brooklyn, the recently sold single-family home at 1071 Herkimer Street has changed hands. The transaction, which took place on November 18, 2020, involved the sale of this property.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $1,230,000
- Address: 1071 Herkimer Street
- Market: Ocean Hill
The seller of the property was Jonathan Fox. Representing the buyer in this deal was Alana McIntosh from Keller Williams Realty Empire. On the other side, the seller was represented by Lia Wiedemann from Compass.
With a total square footage of 1,730 and a price per square foot of $711, the property offers a spacious living area. It is important to note that the last recorded sale for this property was in August 2014, when it was sold for $668,000.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93