Updated Dec 21, 2023
Kabir Vadera Acquires Single Family Home In Cobble Hill, Brooklyn For $6.1M
269 Warren Street, Brooklyn, New York 11201, United States
$6,125,000
$1,837/SF
Building Size
3,333 SF
Asset Type
Single Family Residence
Closing
Jan 31, 2022
About this deal
AI
A single-family property located at 269 Warren Street in Cobble Hill, Brooklyn has been sold. The transaction took place on February 1, 2022, with Kabir Vadera purchasing the property from Jonathan Brecht for a price of $6,125,000. The property has a building square footage (BSF) of 4,166 and a price per BSF of $1,470. Additionally, it has a total square footage (SF) of 3,333 and a price per SF of $1,837. The property is zoned as R6B, which allows for single-family residential use.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $6,125,000
- BSF: 4,166
- PPBSF: $1,470
- SF: 3,333
- PPSF: $1,837
- Zoning: R6B
Kabir Vadera served as the buyer in this transaction, while Jonathan Brecht was the seller. The property has a floor area ratio (FAR) of 1.60, indicating that the total floor area can reach 1.60 times the size of the lot. Its tax class is classified as 1, which typically applies to residential properties. The lot size of the property is 2,083 square feet, with dimensions measuring 20.83 feet in width and 100 feet in depth. The property has previously undergone alteration permits on February 4, 2014.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $6.1M for 3,333 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.59%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93