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593 3rd Street, Park Slope,...

Updated Dec 18, 2023

Seth Romanick Acquires SFR In Park Slope, Brooklyn For $4.9M
SOLDSingle Family Residence

Seth Romanick Acquires SFR In Park Slope, Brooklyn For $4.9M

593 3rd Street, Park Slope, Brooklyn, NY, USA

$4,900,000

$1,278/SF

Building Size

3,832 SF

Asset Type

Single Family Residence

Closing

Oct 20, 2021

About this deal

AI

The property at 593 3 Street in Park Slope, Brooklyn was recently sold in a closed transaction. The single-family home, with a zoning classification of R7B, was purchased for a price of $4,900,000. The property offers 5,178 square feet of buildable space, resulting in a price per buildable square foot of $946. The total square footage of the property is 3,832, with a price per square foot of $1,278. The floor area ratio (FAR) of the property is 2.22, and it falls under tax class 1. The lot size measures 1,726 square feet, with dimensions of 18.17 ft x 95 ft.

Summary of transaction details

  • Property Type: Single Family Home
  • Transaction Amount: $4,900,000
  • Buyer: Seth Romanick
  • Seller: Ralph E Haberli
  • Broker: Rosalie H. Weider - Brown Harris Stevens
  • Last Sale Price: $3,750,000 (04/02/2015)
  • Permits: Alteration 2 (05/12/2015)

The deal was facilitated by Rosalie H. Weider of Brown Harris Stevens, who represented the buyer and seller in the transaction. This transaction marks a significant milestone for Seth Romanick, the buyer, and Ralph E Haberli, the seller, as they move forward with their real estate endeavors. The property's previous sale took place on April 2, 2015, at a price of $3,750,000. An alteration permit was obtained for the property on May 12, 2015, further highlighting the potential for customization and improvement.

Players

Rosalie H. Weider

Brown Harris Stevens

Broker

$4.9M

vol

1 deal

Broker

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Seth Romanick bought a home in New York for $4.9M in 2021. The full closing is on this page.

About $1.3K per square foot on a published $4.9M for 3,832 square feet (2021).

Visit Brown Harris Stevens to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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