Adrian Radomski Represents Buyer In $5.2M Sale Of SFR In Park Slope
525 2nd Street, Brooklyn, NY 11215
$5,205,000
$1,355/SF
Building Size
3,840 SF
Asset Type
Single Family Residence
Closing
Dec 8, 2021
AI
Congratulations to the buyer and seller involved in a recent property transaction in Park Slope. The property at 525 2nd St., a single-family home with R6B zoning, was sold for a final price of $5,205,000. The transaction was handled by buyer's representative Adrian Radomski and seller's representative Michael Rubin.
Summary of transaction details:
- Property Type: Single-Family Home (SFR)
- Transaction Amount: $5,205,000
- Address: 525 2nd St.
- Market: Park Slope
- Zoning: R6B
With a total area of 3,840 square feet, the property was initially listed with an asking price of $4,650,000. The sale price of $5,205,000 indicates a premium paid by the buyer. The price per square foot was calculated to be $1,355, reflecting the value of this desirable Park Slope property.
Adrian Radomski represented the buyer's interests, ensuring a smooth transaction and securing the property at a competitive price. On the other side, Michael Rubin acted as the seller's representative, facilitating the successful sale. Their expertise and negotiation skills played a vital role in finalizing the deal.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93