Updated Dec 19, 2023
Jill Dachis Acquires Single Family Home In Cobble Hill For $6.25M
299 Clinton Street, Brooklyn, New York 11201, United States
$6,250,000
$2,138/SF
Building Size
2,923 SF
Asset Type
Single Family Residence
Closing
Feb 28, 2022
About this deal
AI
A single-family property located at 299 Clinton Street in Cobble Hill, Brooklyn has been sold. The property has a total square footage of 2,923 and is zoned as R6, LH-1. The sale took place on March 1, 2022, with a purchase price of $6,250,000. The buyer is Jill Dachis, and the seller is David Browne. The property has a buildable square footage of 2,671, resulting in a price per buildable square foot of $2,339. The price per square foot for the existing property is $2,138. The lot size is 1,099 square feet, and the last recorded sale of the property was on June 28, 2019, for a price of $4,750,000. An alteration permit was issued on February 13, 2020. The lot dimensions are 20 feet by 68.08 feet.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,250,000
- Market: Cobble Hill, Brooklyn
- Zoning: R6, LH-1
- Buyer: Jill Dachis
- Seller: David Browne
- Buildable Square Footage: 2,671
- Price per Buildable Square Foot: $2,339
- Existing Square Footage: 2,923
- Price per Square Foot: $2,138
- Lot Size: 1,099 square feet
- Last Sale Price: $4,750,000 (6/28/2019)
- Permits: Alteration 1 (02/13/2020)
- Lot Dimensions: 20 feet x 68.08 feet
Jill Dachis purchased the property at 299 Clinton Street in Cobble Hill, Brooklyn for $6,250,000 from David Browne. The property is zoned R6, LH-1 and has a buildable square footage of 2,671. The sale price per square foot for the buildable area is $2,339, while the existing property has a price per square foot of $2,138. The lot size is 1,099 square feet, and the last recorded sale of the property was on June 28, 2019, for a price of $4,750,000. An alteration permit was issued on February 13, 2020, and the lot dimensions are 20 feet by 68.08 feet.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $6.3M for 2,923 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93