Updated Dec 18, 2023
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.
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
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.
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93