Updated Dec 20, 2023
Harry Yeh Acquires SFR In Park Slope, Brooklyn For $3.1M From Seller Jeffrey M. Keltz And Broker Judith Lief - Corcoran
488 2nd St, Brooklyn, NY 11215, USA
$3,148,000
$88/SF
Building Size
35,400 SF
Asset Type
Single Family Residence
Closing
Aug 23, 2020
About this deal
AI
A single-family home located at 488 2 Street in Park Slope, Brooklyn has been sold for a price of $3,148,000. The property spans a total of 3,540 square feet with a price per square foot of $889. The transaction took place on August 24, 2020.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $3,148,000
- Address: 488 2 Street, Park Slope, Brooklyn
- Market: Park Slope, Brooklyn
The buyer of the property is Harry Yeh and the seller is Jeffrey M. Keltz. The deal was facilitated by Judith Lief from Corcoran, who represented the parties involved in the transaction. The property has a lot size of 19.58 feet by 100 feet, totaling 1,958 square feet. The zoning classification is R6B with a floor area ratio (FAR) of 2. The tax class of the property is 1, and the building class is B9.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $88 per square foot on a published $3.1M for 35,400 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93