Updated Dec 21, 2023
Barbara Weinstein Acquires Single Family Home In Ditmas Park, Brooklyn For $3.5M
257 Rugby Road, Brooklyn, New York 11226, United States
$3,500,000
$1,320/SF
Building Size
2,650 SF
Asset Type
Single Family Residence
Closing
Jun 28, 2022
About this deal
AI
Located at 257 Rugby Road in Ditmas Park, Brooklyn, this single-family property was recently sold in a closed transaction. The property is zoned as R3X and sits on a lot size of 5,000 square feet, with lot dimensions of 50 ft x 100 ft. The previous sale price for this property was $2,533,000 in April 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Buyer: Barbara Weinstein
- Seller: Melanie Samarasinghe
Barbara Weinstein acted as the buyer in this transaction, while Melanie Samarasinghe was the seller. The building has a total square footage of 2,500, with a price per square foot of $1,400. The property itself spans across 2,650 square feet, with a price per square foot of $1,320. The transaction's FAR is 0.53, and it falls under tax class 1.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $3.5M for 2,650 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93