Updated Dec 21, 2023
Joe Cayre Acquires SFR In Gravesend, Brooklyn For $6M
436 Avenue S, Gravesend, Brooklyn, NY, USA
$6,000,000
$1,875/SF
Building Size
3,200 SF
Asset Type
Single Family Residence
Closing
Nov 3, 2021
About this deal
AI
A single-family residential property located at 436 Avenue S in the Gravesend neighborhood of Brooklyn has been sold. The property, with a lot size of 4,000 square feet (40 ft x 100 ft), was zoned as R2X and OP. The transaction took place on November 4, 2021, with a total sale price of $6,000,000.
Summary of transation details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $6,000,000
- Market: Gravesend, Brooklyn
- Zoning: R2X, OP
- Buyer: Joe Cayre
- Seller: Sara Jacqueline Escava
- Building Square Footage (BSF): 3,400
- Price per BSF: $1,764
- Lot Square Footage (SF): 3,200
- Price per SF: $1,875
- FAR: 0.80
- Tax Class: 1
Joe Cayre was the buyer in this transaction, whereas Sara Jacqueline Escava was the seller of the property. The property's lot dimension was 40 ft x 100 ft. The sale of this single-family residential property marks a significant transaction in the Gravesend market of Brooklyn.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $6M for 3,200 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93