Updated Dec 21, 2023
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
About this deal
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
Loading comparables…
Deal FAQ
Visit Michael Rubin to view all their deals.
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93