Updated Dec 21, 2023
Erin Collins Acquires Single Family Property In Brooklyn Heights For $3.6M
31 Middagh Street, Brooklyn, New York 11201, United States
$3,615,000
$2,228/SF
Building Size
1,622 SF
Asset Type
Single Family Residence
Closing
May 31, 2022
About this deal
AI
The single-family property located at 31 Middagh Street in Brooklyn Heights, Brooklyn has been sold for a price of $3,615,000. The property has a total square footage of 1,622 and a price per square foot of $2,228. The buyer of the property is Erin Collins, while Ariana Marte Acevedo is the seller. The property is situated on a lot size of 1,020, with dimensions measuring 20.83 ft x 50.75 ft. The property falls under the R6 and LH-1 zoning classifications, with a floor area ratio (FAR) of 1.59 and a tax class of 1. The property was previously altered on September 4, 2014, with an alteration 2 permit issued.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,615,000
- Market: Brooklyn Heights, Brooklyn
- Zoning: R6, LH-1
- Buyer: Erin Collins
- Seller: Ariana Marte Acevedo
- Price per Square Foot: $2,228
- Lot Size: 1,020
- Permits: Alteration 2 (09/04/2014)
- Lot Dimension: 20.83 ft x 50.75 ft
Erin Collins, the buyer of 31 Middagh Street, was represented by their broker named [BUYER'S REP NAME] from [BUYER'S REP AGENCY]. Similarly, Ariana Marte Acevedo, the seller, was represented by their broker named [SELLER'S REP NAME] from [SELLER'S REP AGENCY].
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.2K per square foot on a published $3.6M for 1,622 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.39%
Cash-on-Cash
-1.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93