Updated Dec 21, 2023
Leslie J.Garfield Sells SFR In Park Slope For $5,025,000 At 605 Third Street
589 3rd Street, Park Slope, Brooklyn, NY, USA
$4,350,000
$1,135/SF
Building Size
3,832 SF
Asset Type
Single Family Residence
Closing
Apr 29, 2021
About this deal
AI
A single-family residential property located at 605 Third Street in Park Slope has been sold. The property has a total square footage of 4,009 and is zoned as R7B. The sale price for this transaction was $5,025,000, with an asking price of $4,750,000. The building has a total square footage of 5,700, with a price per square foot of $881. The lot size is 1,900 square feet, with dimensions of 20 ft x 95 ft. The property's floor area ratio (FAR) is 2.11, and it falls under tax class 1. A permit for alteration type 2 was issued on June 22, 2009.
Summary of transaction details
- Property Type: Single-family residential
- Transaction Amount: $5,025,000
- Market: Park Slope
- Seller's Representative: Matthew Lesser, Ravi Kantha & Jed Garfield - Leslie J. Garfield
- Buyer's Representative: Not available
The sale of this property was facilitated by Matthew Lesser, Ravi Kantha, and Jed Garfield from the Leslie J. Garfield agency. They represented the seller in this transaction. No information on the buyer's representative is available at this time.
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 $4.4M for 3,832 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93