Updated May 15, 2026
Adam Reiss Acquires Single Family Property In Ditmas Park, Brooklyn For $3.2M
466 East 17th Street, Brooklyn, New York 11226, United States
$3,225,000
$1,057/SF
Building Size
3,050 SF
Asset Type
Single Family Residence
Closing
Jul 6, 2022
About this deal
AI
The single-family property located at 466 East 17th Street in Ditmas Park, Brooklyn, has been sold in a transaction that closed on 07/07/2022. The property, with a total square footage of 3,050 and a selling price of $3,225,000, offers a purchase price per square foot of $1,057. With a lot size of 5,000 square feet and dimensions of 50 ft x 100 ft, the property is zoned as R1-2 according to local regulations.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,225,000
- Buyer: Adam Reiss
- Seller: Cindy Harden
- Building Square Feet: 2,500
- Price per Building Square Foot: $1,290
- Far: 0.61
- Tax Class: 1
Adam Reiss, represented by their broker from [BUYER's REP AGENCY], purchased the property from Cindy Harden. The transaction showcases the ongoing real estate activity in Ditmas Park, Brooklyn. It indicates the attractiveness of the property in terms of its size, price per square foot, and zoning regulations. This successful transaction represents a significant investment opportunity within this particular market.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3.2M for 3,050 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
4.92%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93