Updated Dec 21, 2023
Joshua Kay Acquires SFR In Williamsburg, Brooklyn From Benek Oster For $4.5M
6 Wythe Lane, South Williamsburg, Brooklyn, NY, USA
$4,500,000
$1,005/SF
Building Size
4,475 SF
Asset Type
Single Family Residence
Closing
Jun 20, 2021
About this deal
AI
A single-family home located at 6 Wythe Lane in Williamsburg, Brooklyn has recently been sold for $4,500,000. The property covers a total square footage of 4,475, with a price per square foot of $1,005. The building's total square footage is 3,038, and the price per buildable square foot is $1,481. The lot size is 1,250 square feet, and the dimensions measure 16.8 feet by 75 feet. The sale took place on June 21, 2021.
Summary of Transaction Details
- Property Type: Single-Family Home
- Transaction Amount: $4,500,000
- Market: Williamsburg, Brooklyn
- Address: 6 Wythe Lane
- Building Square Footage: 3,038
- Price Per Buildable Square Foot: $1,481
- Total Square Footage: 4,475
- Price Per Square Foot: $1,005
- Lot Size: 1,250 square feet
- Last Sale Price: $2,269,450 (on September 30, 2016)
- Permits: New Building (issued on December 24, 2015)
- Lot Dimensions: 16.8 ft x 75 ft
The buyer of the property was Joshua Kay, and the seller was Benek Oster.
Players
Brooklyn Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $4.5M for 4,475 square feet (2021).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93