Updated Dec 21, 2023
William Chiu Acquires Single Family Property In Park Slope, Brooklyn For $4.1M
607 5th Street, Brooklyn, New York 11215, United States
$4,100,000
$1,316/SF
Building Size
3,114 SF
Asset Type
Single Family Residence
Closing
Aug 7, 2022
About this deal
AI
A single-family property located at 607 5th Street in Park Slope, Brooklyn has been sold. The transaction took place on August 8, 2022. The property is zoned as R7A and R7B, with a tax class of 1. The lot size is 1,800 square feet, measuring 18 feet by 100 feet.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,100,000
- Buildable Square Footage (BSF): 5,400
- Price per Buildable Square Foot (PPBSF): $759
- Square Footage (SF): 3,114
- Price per Square Foot (PPSF): $1,316
- Floor-Area Ratio (FAR): 1.73
The buyer in this transaction is William Chiu, while the seller is Lillian Schulz.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $4.1M for 3,114 square feet (2022).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93