Jennifer Lee & Ravi Kantha Acquire SFR In Park Slope For $3.6M
SOLD
$3,645,170
New York
See Similar DealsSingle Family Residence3,800 SF
Sold 09/22/2022
SOLD
Jennifer Lee & Ravi Kantha Acquire SFR In Park Slope For $3.6M
257 6th Avenue, Brooklyn, New York 11215, United States
See Similar DealsSingle Family Residence3,800 SF
Sold 09/22/2022
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$959
Total Square Footage:3,800 SF
Transaction Type:Sale
The single-family home located at 257 6th Avenue in Park Slope was recently sold for a price of $3,645,170. Spanning across 3,800 square feet, the property was sold at a price per square foot of $959. This sale took place on September 22, 2022.
Summary of transation details
- Property Type: Single-Family Residence
- Transaction Amount: $3,645,170
- Date: September 22, 2022
- Address: 257 6th Avenue
- Market: Park Slope
Jennifer Lee, representing Serhant, acted as the buyer's representative in this transaction. On the other hand, Ravi Kantha, from Lesser Kantha Team, along with Leslie J Garfield, represented the seller in this deal. These individuals played a crucial role in facilitating the sale of this property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$194,409.07
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,950.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,279.97
Annual Debt Service$207,359.59
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