William P. Holm Acquires Prospect Heights Single Family For $4.99M
SOLD
$4,999,000
New York
See Similar DealsSingle Family Residence3,773 SF
Sold 07/14/2022
SOLD
William P. Holm Acquires Prospect Heights Single Family For $4.99M
173 Prospect Place, Brooklyn, New York 11238, United States
See Similar DealsSingle Family Residence3,773 SF
Sold 07/14/2022
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$1,324
Total Square Footage:3,773 SF
Transaction Type:Sale
The single-family property located at 173 Prospect Place in Prospect Heights, Brooklyn has been sold. The transaction took place on July 14, 2022. The property is zoned as R6B and has a lot size of 2,620 square feet with dimensions of 20 ft x 131 ft.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,999,000
- Market: Prospect Heights, Brooklyn
- Buyer: Willaim P. Holm
- Seller: Lee Warshavsky
- BSF: 5,240
- PPBSF: $954
- SF: 3,773
- PPSF: $1,324
- FAR: 1.44
- Tax Class: 1
The buyer in this transaction is represented by Willaim P. Holm. The seller is Lee Warshavsky.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,613.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,760.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,697.81
Annual Debt Service$284,373.72
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