Updated Aug 4, 2025
A Single Family Property Sold On Exeter Avenue In Manhattan Beach For $3.2M
125 Exeter Street, Brooklyn, New York 11235, United States
$3,200,000
$1,276/SF
Building Size
2,506 SF
Asset Type
Single Family Residence
Closing
Apr 28, 2022
About this deal
AI
The property asset involved in the transaction is a single-family home located at 125 Exeter Avenue in the Manhattan Beach neighborhood of Brooklyn. The sale occurred on April 29, 2022, at a price of $3,200,000. The building has a total square footage of 2,506, with a building size factor of 4,320 and a price per square foot of $1,276. The lot size is 8,640 square feet, with dimensions measuring 80 ft by 108 ft. The asset is zoned R3-1 and falls under tax class 1, with a floor area ratio (FAR) of 0.29. The last recorded sale price for the property was $475,000 on August 27, 2012, and there have been alteration permits issued for the site, the latest dated June 4, 2008.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,200,000
- Address: 125 Exeter Avenue
- Market: Manhattan Beach, Brooklyn
- Building Square Footage: 2,506
- Lot Size: 8,640
- Zoning: R3-1
- Tax Class: 1
- Building Size Factor: 4,320
- Price per Building Square Foot: $740
- Price per Square Foot: $1,276
- Floor Area Ratio: 0.29
- Last Sale Price: $475,000 (08/27/2012)
- Permits: Alteration 3 (06/04/2008)
The seller of the property is Marie Gigi Shah. This transaction reflects the representation of the seller in the real estate deal, though specific broker details are not mentioned.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93