Updated Dec 21, 2023
Jakob Suski Acquires Single Family Property In Gowanus, Brooklyn For $3.5M
244 7th Street, Brooklyn, New York 11215, United States
$3,505,000
$2,225/SF
Building Size
1,575 SF
Asset Type
Single Family Residence
Closing
Nov 22, 2021
About this deal
AI
A single-family property located at 244 7 Street in Gowanus, Brooklyn has been sold for $3,505,000. The property is zoned for multiple uses, including R8A, R6B, and C2-4. It has a building square footage (BSF) of 9,379 and a price per BSF (PPBSF) of $374. The property itself spans 1,575 square feet, with a price per square foot (PPSF) of $2,225. The lot size is 1,558 square feet, with dimensions of 15.58 feet by 100 feet. The previous sale price of the property was $1,750,000 on May 15, 2020. The tax class for the property is 1 and the floor area ratio (FAR) is 1.01.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,505,000
- Market: Gowanus, Brooklyn
- Buyer: Jakob Suski
- Seller: Parbinder Singh
- BSF: 9,379
- PPBSF: $374
- SF: 1,575
- PPSF: $2,225
- Lot Size: 1,558
- Last Sale Price: $1,750,000.00 (5/15/2020)
- Lot Dimension: 15.58 ft x 100 ft
- Zoning: R8A, R6B, C2-4
- Tax Class: 1
- FAR: 1.01
The buyer of the property is Jakob Suski and the seller is Parbinder Singh. The transaction represents a significant sale in the Gowanus, Brooklyn market.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $2.2K per square foot on a published $3.5M for 1,575 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
4.53%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93