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379 2nd Street, Park Slope,...

Updated Dec 21, 2023

Timothy R Hoey Acquires Park Slope SFR From Sean Broughton For $3,298,000
SOLDSingle Family Residence

Timothy R Hoey Acquires Park Slope SFR From Sean Broughton For $3,298,000

379 2nd Street, Park Slope, Brooklyn, NY, USA

$3,298,000

$1,299/SF

Building Size

2,538 SF

Asset Type

Single Family Residence

Closing

Jun 1, 2021

About this deal

AI

A single-family residence located at 379 2nd Street in Park Slope, Brooklyn was recently sold in a closed transaction. The property is zoned as R6B, with a lot size of 1,750 square feet. The building has a total square footage (BSF) of 3,500, resulting in a price per square foot (PPSF) of $942. The interior of the house measures 2,538 square feet, and the price per square foot (PPSF) is $1,299. The property has a floor area ratio (FAR) of 1.45 and is classified as tax class 1. The last recorded sale of this property took place on March 12, 2007, for a price of $1,417,500. An alteration permit was issued on May 29, 2007.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $3,298,000
  • Market: Park Slope, Brooklyn
  • Buyer: Timothy R Hoey
  • Seller: Sean Broughton

The buyer in this transaction is Timothy R Hoey, and the seller is Sean Broughton. The property was sold for a total of $3,298,000. The deal involved a price per square foot (PPSF) of $942 and a price per square footage (PPSF) of $1,299. The sale represented a significant increase in value from the previous sale in 2007. The lot dimensions are 17.5 feet by 100 feet. It is important to note that this information represents a closed transaction and does not include any additional details beyond what has been provided.

Players

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $3.3M for 2,538 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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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