Updated Dec 21, 2023
Nancy Lois Tschirhart Koster Acquires Single Family Property On Putnam Ave, Bedford-Stuyvesant For $3.2M
156 Putnam Avenue, Brooklyn, New York 11216, United States
$3,200,000
$1,080/SF
Building Size
2,962 SF
Asset Type
Single Family Residence
Closing
Jun 23, 2022
About this deal
AI
A single-family property located at 156 Putnam Ave in Bedford-Stuyvesant, Brooklyn, was recently sold in a transaction. The property is zoned as R6B and has a lot size of 1,975 square feet. The last recorded sale of the property was on October 12, 2021, for $1,400,000. There was an alteration permit issued on May 24, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,200,000
- Market: Bedford-Stuyvesant, Brooklyn
- Buyer: Nancy Lois Tschirhart Koster
- Seller: Babak Pourtavoosi
- Price per Square Foot: $1,080
Nancy Lois Tschirhart Koster is the buyer of the property, and Babak Pourtavoosi is the seller. The buyer purchased the property for a total amount of $3,200,000. The building has a total square footage of 2,962, with a price per square foot of $1,080. The property has a building square footage of 3,950, and the price per building square footage is $810.
The property has a floor area ratio (FAR) of 1.50 and is classified as tax class 1. The dimensions of the lot are 19.75 ft x 100 ft.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3.2M for 2,962 square feet (2022).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93