Updated Dec 19, 2023
Jodi Warren Acquires Single Family Property In Park Slope, Brooklyn For $4.05M
538 9th Street, Brooklyn, New York 11215, United States
$4,050,000
$1,125/SF
Building Size
3,600 SF
Asset Type
Single Family Residence
Closing
May 18, 2022
About this deal
AI
The single-family property located at 538 9th Street in Park Slope, Brooklyn has been sold in a recent transaction. The property is zoned as R6B and has a lot size of 1,600 square feet with dimensions of 20 ft x 80 ft. The building has a total square footage of 3,200 with a price per square footage of $1,265. The property was sold for a total price of $4,050,000, making it a significant transaction in the Park Slope market.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,050,000
- Address: 538 9th Street, Park Slope, Brooklyn
- Market: Park Slope, Brooklyn
- Zoning: R6B
- Buyer: Jodi Warren
- Seller: Craig Falls
- Building Square Footage: 3,200
- Price per Square Foot: $1,265
- Lot Size: 1,600 square feet
- Last Sale Price: $3,600,000 (10/03/2019)
- Lot Dimensions: 20 ft x 80 ft
Jodi Warren is the buyer in this transaction, while Craig Falls is the seller. This sale represents a significant increase in the property's value, as it was previously sold for $3,600,000 in October 2019. The property's zoning and location in the desirable Park Slope neighborhood of Brooklyn contribute to its overall market value. The transaction showcases the robust real estate market in Park Slope, with the property's attributes and location making it an attractive investment for the buyer.
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 $4.1M for 3,600 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
3.92%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93