facebook
Traded Co logo
Submit

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

Property Image
SOLD
$2,500,000

New York

See Similar Deals
Single Family Residence3,200 SF
Sold 04/28/2023
the dealplayerscompscontact
Property Image
SOLD

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

15 Slocum Place

See Similar Deals
Single Family Residence3,200 SF
Sold 04/28/2023
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$781
Total Square Footage:3,200 SF
Transaction Type:Sale

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

8 deals$13.2M volume(646) 981-3829
BROKER

Sultan Rashid
7 deals$10.8M volume(718) 380-7400
BROKER

Kingsland Properties
SELLER

Details

SOLD
IMAGE: Ali Rashid & Sultan Rashid DATE: 04/28/2023 ADDRESS: 15 Slocum Place MARKET: Brooklyn ASSET TYPE: SFR BUYER: James Bull SELLER: Kingsland Properties BROKERS: Sultan Rashid (@Sltn.Rshd) & Ali Rashid (@AliRashid_321) - Kingsland Properties (@KingslandPr) SALE PRICE: $2,500,000 SF: 3,200 ~ PPSF: $781

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$133,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31