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43 8th Avenue, Park Slope, ...

Emily Wheeler Acquires Park Slope SFR For $5.95M From William Ned Munroe
SOLDSingle Family Residence

Emily Wheeler Acquires Park Slope SFR For $5.95M From William Ned Munroe

43 8th Avenue, Park Slope, Brooklyn, NY, USA

$5,950,000

$1,026/SF

Building Size

5,796 SF

Asset Type

Single Family Residence

Closing

Jul 1, 2021

AI

A single-family home located at 43 8th Avenue in Park Slope has been sold for $5,950,000. The property spans across 5,796 square feet and has a price per square foot of $1,026. The buyer of this SFR property is Emily Wheeler, while the seller is William Ned Munroe. The transaction was facilitated by Lindsay Barton Barrett, Christina Abad, Cristina Criado, and Bradley Rodenberg from Douglas Elliman. The property is zoned as R7B and has a tax class of 1. The lot size is 2,300 square feet.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,950,000
  • Buyer: Emily Wheeler
  • Seller: William Ned Munroe
  • Brokers: Lindsay Barton Barrett, Christina Abad, Cristina Criado, and Bradley Rodenberg - Douglas Elliman
  • SF: 5,796
  • PPSF: $1,026
  • Zoning: R7B
  • Tax Class: 1
  • Lot Size: 2,300

The property was previously sold on 03/15/2013 for a price of $3,780,000. Additionally, an alteration permit of type 2 was issued on 12/04/2014. The lot dimensions are 23 feet by 100 feet. The property's floor area ratio (FAR) is 2.52.

Players

Lindsay Barton Barrett

Douglas Elliman

Broker

$20.5M

vol

3 deals

Broker

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.67%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93