Updated Dec 21, 2023
Arthur S Zuckerman Acquires Single Family Property In Downtown Brooklyn For $4.997M
29 Schermerhorn Street, Brooklyn, New York 11201, United States
$4,997,000
$973/SF
Building Size
5,132 SF
Asset Type
Single Family Residence
Closing
Dec 19, 2021
About this deal
AI
The property located at 29 Schermerhorn Street in Downtown Brooklyn, Brooklyn has been sold in a recent transaction. The single-family property is zoned as R6 and has a lot size of 1,602. The property's dimensions are 17 ft x 94 ft.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,997,000
- Buyer: Arthur S Zuckerman
- Seller: Laurie Bakhchi
- BSF (Building Square Footage): 3,893
- Price per BSF: $1,284
- SF (Lot Square Footage): 5,132
- Price per SF: $974
- FAR (Floor Area Ratio): 3.20
- Tax Class: 1
- Last Sale Price: $0 (8/13/2015)
Arthur S Zuckerman was the buyer of the property, while Laurie Bakhchi was the seller. The transaction took place on 12/20/2021 in Downtown Brooklyn's market.
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93