Updated Dec 21, 2023
Baptiste Laffond Acquires Single Family Property On Douglass Street In Cobble Hill, Brooklyn For $3.1M
51 Douglass Street, Brooklyn, New York 11231, United States
$3,100,000
$1,433/SF
Building Size
2,162 SF
Asset Type
Single Family Residence
Closing
Aug 1, 2022
About this deal
AI
The single-family property located at 51 Douglass Street in Cobble Hill, Brooklyn has been sold. The transaction took place on August 2, 2022. The property is zoned as R6B and has a lot size of 1,250 square feet with dimensions of 12.5 ft x 100 ft.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,100,000
- Buyer: Baptiste Laffond
- Seller: Frank G. Siclari
- Building Square Footage: 2,162
- Price per Square Foot: $1,433
- Land Area: 1,250 square feet
- FAR (Floor Area Ratio): 1.73
- Building Square Footage (BSF): 2,500
- PPBSF (Price per Building Square Foot): $1,240
- Tax Class: 1
Baptiste Laffond is the buyer of the property, while Frank G. Siclari is the seller. The transaction price for the property was $3,100,000. The property has a building square footage of 2,162 and a price per square foot of $1,433. The lot size is 1,250 square feet with dimensions of 12.5 ft x 100 ft. The property is zoned R6B and falls under tax class 1.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $3.1M for 2,162 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93