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
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