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1071 Herkimer Street, Brook...

Jonathan Fox Sells Ocean Hill SFR On Herkimer Street For $1.23M With Buyer's Rep Alana McIntosh And Seller's Rep Lia Wiedemann
SOLDSingle Family Residence

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

Lia Wiedemann

Compass

Broker

$1.2M

vol

1 deal

Broker

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