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15 Slocum Place

James Bull Acquires SFR In Brooklyn From Kingsland Properties For $2.5M
SOLDSingle Family Residence

James Bull Acquires SFR In Brooklyn From Kingsland Properties For $2.5M

15 Slocum Place

$2,500,000

$781/SF

Building Size

3,200 SF

Asset Type

Single Family Residence

Closing

Apr 28, 2023

AI

A single-family residential property located at 15 Slocum Place in Brooklyn was recently sold for a price of $2,500,000. The property spans approximately 3,200 square feet, resulting in a price per square foot of $781.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,500,000
  • Square Footage: 3,200
  • Price Per Square Foot: $781
  • Address: 15 Slocum Place, Brooklyn

The buyer in this transaction is James Bull, while the seller is Kingsland Properties. The deal was facilitated by Sultan Rashid and Ali Rashid of Kingsland Properties, who served as the brokers representing the buyer and seller respectively.

Players

Ali Rashid

KingslandProperties

Broker

$13.2M

vol

8 deals

Broker
Kingsland Properties
Kingsland PropertiesSeller

Market 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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93