Updated Dec 21, 2023
William Christopher Newman Acquires Single Family Property In Prospect Park South, Brooklyn For $3.2M
57 Marlborough Road, Brooklyn, New York 11226, United States
$3,200,000
$1,061/SF
Building Size
3,015 SF
Asset Type
Single Family Residence
Closing
Oct 11, 2022
About this deal
AI
Located in Prospect Park South, Brooklyn, the single-family property at 57 Marlborough Road was recently sold in a closed transaction. The property sits on a 4,500 square foot lot, with dimensions measuring 45 feet by 100 feet. The sale took place on October 12, 2022, with a sale price of $3,200,000.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,200,000
- Address: 57 Marlborough Road, Prospect Park South, Brooklyn
- Market: Prospect Park South, Brooklyn
- Asset Type: Single Family
- Zoning: R3X
- Buyer: William Christopher Newman
- Seller: Alison R Hirsch
- Price per Square Foot (PPSF): $1,061
- Building Square Footage (BSF): 2,250
- Price per Building Square Foot (PPBSF): $1,422
- FAR: 0.67
- Tax Class: 1
William Christopher Newman, the buyer, acquired the property from Alison R Hirsch. The property features a lot size of 4,500 square feet and a building square footage of 2,250. The price per square foot (PPSF) for the property was $1,061, while the price per building square foot (PPBSF) amounted to $1,422.
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 $3.2M for 3,015 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93