Updated Dec 21, 2023
Edward Rothenberg Acquires Single Family Property In Park Slope, Brooklyn For $8.25M
280 Garfield Place, Brooklyn, New York 11215, United States
$3,900,000
$840/SF
Building Size
4,640 SF
Asset Type
Single Family Residence
Closing
Dec 1, 2021
About this deal
AI
The single family property located at 282 Garfield Place in Park Slope, Brooklyn has been sold. The transaction took place on January 18, 2023.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $8,250,000
- Address: 282 Garfield Place, Park Slope, Brooklyn
- Market: Park Slope, Brooklyn
- Zoning: R7B
- Buyer: Edward Rothenberg
- Seller: Stephen Allen
- Building Square Feet: 6,000
- Price Per Building Square Feet: $1,375
- Lot Square Feet: 4,640
- Price Per Square Foot: $1,778
- FAR: 2.32
- Tax Class: 1
- Lot Size: 2,000
- Permits: Alteration (09/21/2022)
- Lot Dimension: 20 ft x 100 ft
Edward Rothenberg was the buyer in this transaction, while Stephen Allen acted as the seller. The property offers a building square footage of 6,000 and a lot size of 4,640 square feet. The price per building square foot was $1,375, and the price per square foot was $1,778. The property is zoned as R7B and is classified 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 $840 per square foot on a published $3.9M for 4,640 square feet (2021).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93