Updated Dec 19, 2023
Jay B. Ringel Acquires Single Family Property In Brooklyn Heights For $6.45M
32 College Place, Brooklyn, New York 11201, United States
$6,450,000
$2,284/SF
Building Size
2,824 SF
Asset Type
Single Family Residence
Closing
Apr 18, 2022
About this deal
AI
A single-family property located at 32 College Place in Brooklyn Heights, Brooklyn has recently been sold. The property is zoned as R7-1 and LH-1, with a lot size of 1,681 square feet. The last recorded sale for the property was on February 11, 2009, for a price of $3,200,000. It has a total square footage of 2,824, with a buildable square footage (BSF) of 5,783, resulting in a price per buildable square foot (PPBSF) of $1,115. The property has a floor area ratio (FAR) of 1.68 and falls under tax class 1. The dimensions of the lot are 20.5 feet by 82 feet.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,450,000
- Buyer: Jay B. Ringel
- Seller: Matthew Ammirati
The buyer of the property is Jay B. Ringel, and the seller is Matthew Ammirati. The transaction amount for the sale is $6,450,000. The price per square foot (PPSF) for the property is $2,283. The property has also undergone an alteration permit on September 1, 2004. Additional details about the deal's key individuals and companies are not available.
On the Map
$6,450,000
$2,284/SF
Single Family Residence
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New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.3K per square foot on a published $6.5M for 2,824 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93