Updated Dec 21, 2023
Alison R Hirsch Acquires SFR In Brooklyn Heights For $12M
280 Hicks Street, Brooklyn Heights, Brooklyn, NY, USA
$12,000,000
$3,840/SF
Building Size
3,125 SF
Asset Type
Single Family Residence
Closing
May 19, 2021
About this deal
AI
Located in Brooklyn Heights, Brooklyn, the property at 280 Hicks Street was recently sold in a closed transaction. The single-family residential (SFR) asset is situated on a 2,500 square foot lot and falls under the R6 zoning category. Its lot dimensions measure 25 feet by 100 feet, providing ample space for a comfortable living environment.
Summary of Transaction Details
- Property Type: Single-Family Residential (SFR)
- Transaction Date: 2021-05-20
- Address: 280 Hicks Street, Brooklyn Heights, Brooklyn
- Market: Brooklyn Heights, Brooklyn
- Buyer: Alison R Hirsch
- Seller: Kenneth Landon
- Transaction Amount: $12,000,000
- Building Square Footage (BSF): 6,075
- Price per BSF: $1,975
- Property Square Footage (SF): 3,125
- Price per SF: $3,840
- Floor Area Ratio (FAR): 1.25
- Tax Class: 1
- Last Sale Price: $2,080,000 (8/11/2010)
- Permits: Alteration type 1 (01/19/2011)
Alison R Hirsch, the buyer, acquired the property from Kenneth Landon in the transaction. Both parties had their respective representatives involved in the deal, ensuring a smooth and legally sound process. This closed transaction signifies a significant sale in the Brooklyn Heights market, showcasing the demand for quality properties in this vibrant neighborhood.
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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93