Updated Dec 21, 2023
Gabriel Heffer Acquires SFR In Sheepshead Bay, Brooklyn For $4M
2281 Ocean Parkway, Brooklyn, New York 11223, United States
$4,000,000
$1,602/SF
Building Size
2,496 SF
Asset Type
Single Family Residence
Closing
Dec 28, 2021
About this deal
AI
Located in Sheepshead Bay, Brooklyn, the property at 2281 Ocean Parkway has been sold in a recent transaction. This single-family home, situated on a lot size of 5,200 square feet, offers a total square footage of 2,496. The property's zoning is R4, OP, and it falls under Tax Class 1. The transaction took place on December 29, 2021.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $4,000,000
- Buyer: Gabriel Heffer
- Seller: Lia Honikman
- Building Square Feet (BSF): 3,900
- Price per Building Square Foot (PPBSF): $1,025
- Price per Square Foot (PPSF): $1,602
- Floor Area Ratio (FAR): 0.48
- Permits: Alteration 1 (03/08/2011)
- Lot Dimension: 50 ft x 95 ft
Gabriel Heffer represented the buyer, while Lia Honikman acted as the seller in this transaction. The deal showcases their expertise and negotiation skills in the Sheepshead Bay market.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $4M for 2,496 square feet (2021).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93