Updated Dec 19, 2023
The Lesser Kantha Team Acquires SFR In Brooklyn Heights For $8M
51 Sidney Place, Brooklyn Heights, Brooklyn, NY, USA
$3,450,000
$1,731/SF
Building Size
1,992 SF
Asset Type
Single Family Residence
Closing
Jun 9, 2021
About this deal
AI
A single-family home located at 141 State St. in Brooklyn Heights has been sold in a recent transaction. The property, with a total area of 7,600 square feet, was sold for a price of $8,000,000. This translates to a price per square foot of $1,052. The sale took place on February 2, 2022.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $8,000,000
- Address: 141 State St.
- Market: Brooklyn Heights
The sale of this property was facilitated by brokers Ravi Kantha and Matthew Lesser of The Lesser Kantha Team. They represented the parties involved in the deal and played a crucial role in ensuring a successful transaction.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $3.5M for 1,992 square feet (2021).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93