Updated Oct 28, 2024
Bergen Basin Realty Sells SFR In Mill Basin, Brooklyn For $8.9M
2458 National Drive, Mill Basin, Brooklyn, NY, USA
$8,900,000
$845/SF
Building Size
10,530 SF
Asset Type
Single Family Residence
Closing
Jun 14, 2021
About this deal
AI
A single-family residential property located at 2458 National Drive in Mill Basin, Brooklyn has been sold for a price of $8,900,000. The property has a building square footage (BSF) of 8,100, with a price per BSF (PPBSF) of $1,098. The total square footage (SF) of the property is 10,530, with a price per SF (PPSF) of $845. The lot size is 16,200 square feet with lot dimensions of 135 ft x 120 ft. The property is zoned as R2 in the Mill Basin market.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $8,900,000
- Market: Mill Basin, Brooklyn
- Seller: Bergen Basin Realty
- BSF: 8,100
- PPBSF: $1,098
- SF: 10,530
- PPSF: $845
- Zoning: R2
- Lot Size: 16,200 square feet
- Lot Dimensions: 135 ft x 120 ft
Bergen Basin Realty acted as the seller in this transaction. The property was previously granted an alteration permit of type 2 on May 7, 2008.
Players
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
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93