Updated Dec 21, 2023
Grant Mainland Acquires Single Family Property In Park Slope, Brooklyn For $4.55M
439 9th Street, Park Slope, Brooklyn, NY, USA
$6,400,000
$1,017/SF
Building Size
6,288 SF
Asset Type
Single Family Residence
Closing
Jun 3, 2021
About this deal
AI
The single-family property located at 413 8th Street in Park Slope, Brooklyn has been sold for a price of $4,550,000. The property has a building square footage (BSF) of 3,400, with a price per BSF (PPBSF) of $1,338. The total square footage (SF) of the property is 2,040, with a price per square foot (PPSF) of $2,230.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,550,000
- Market: Park Slope, Brooklyn
- Zoning: R6B
The buyer in this transaction is Grant Mainland, while the seller is Lindsey Branca. The property has a floor area ratio (FAR) of 1.20 and belongs to tax class 1. The lot size is 1,700 and there has been an alteration permit issued on August 15, 2017. The lot dimension measures 17 ft x 100 ft.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $6.4M for 6,288 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93