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173 Prospect Place, Brookly...

William P. Holm Acquires Prospect Heights Single Family For $4.99M
SOLDSingle Family Residence

William P. Holm Acquires Prospect Heights Single Family For $4.99M

173 Prospect Place, Brooklyn, New York 11238, United States

$4,999,000

$1,324/SF

Building Size

3,773 SF

Asset Type

Single Family Residence

Closing

Jul 13, 2022

AI

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.

Players

Lee Warshavsky

Seller

$112.9M

vol

5 deals

Seller

New York 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93