Updated Dec 21, 2023
SFR In Mill Basin, Brooklyn Sells For $7.2M With Buyer's Rep Arlene Peldman
2458 National Drive, Brooklyn, NY, USA
$7,200,000
$514/SF
Building Size
14,000 SF
Asset Type
Single Family Residence
Closing
Aug 15, 2021
About this deal
AI
A single-family residential property located at 2458 National Drive in Mill Basin, Brooklyn, was recently sold. The property spans approximately 14,000 square feet and was listed for sale in the market. The transaction took place on August 16, 2021.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $7,200,000
- Asking Price: $8,900,000
- Price per Square Foot: $514
- Broker: Arlene Peldman - Talk Of The Town Realty Corp.
Arlene Peldman, representing Talk Of The Town Realty Corp., facilitated the sale of this residential property in Mill Basin, Brooklyn. The buyer and seller agreed on a sale price of $7,200,000, which was lower than the initial asking price of $8,900,000. This transaction highlights the expertise and reputation of Talk Of The Town Realty as a premier brokerage in selling homes.
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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93