Updated Dec 21, 2023
William Fenrich Acquires Single Family Property On Clinton Avenue, Brooklyn For $4.69M
61 Gates Avenue, Brooklyn, New York 11238, United States
$4,200,000
$2,543/SF
Building Size
1,651 SF
Asset Type
Single Family Residence
Closing
Jul 25, 2022
About this deal
AI
The single-family property located at 442 Clinton Avenue in Clinton Hill, Brooklyn has been sold in a closed transaction. The property spans a lot size of 1,546 square feet with dimensions measuring 17.7 ft x 87.33 ft. The property offers a total square footage of 3,834, with a price per square foot (PPSF) of $1,223. The sale took place on November 14, 2022, with a sale price of $4,690,000. The property has a buildable square footage (BSF) of 3,092, resulting in a price per buildable square foot (PPBSF) of $1,516. The property falls under tax class 1 and has a floor area ratio (FAR) of 2.48.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,690,000
- Market: Clinton Hill, Brooklyn
- Buyer: William Fenrich
- Seller: Danielle Sidiropoulos
The buyer, William Fenrich, and the seller, Danielle Sidiropoulos, were the key individuals involved in the transaction.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $4.2M for 1,651 square feet (2022).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93