Updated Dec 19, 2023
Corcoran Group Acquires SFR In Brooklyn Heights For $7.6M
43 Garden Place, Brooklyn Heights, Brooklyn, NY, USA
$7,575,000
$1,541/SF
Building Size
4,914 SF
Asset Type
Single Family Residence
Closing
Oct 4, 2021
About this deal
AI
Located at 43 Garden Pl. in Brooklyn Heights, this single-family residential property recently changed hands in a closed transaction. The property spans 4,914 square feet and was sold for $7,575,000, translating to a price per square foot of $1,541.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,575,000
- Square Footage: 4,914
- Price per Square Foot: $1,541
Represented by Nick Hovsepian, Leslie Marshall, and James Cornell of The Corcoran Group, the deal involved the successful sale of this Brooklyn Heights property.
On the Map
$7,575,000
$1,541/SF
Single Family Residence
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Players
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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93