Updated Dec 20, 2023
Adam Khedouri Acquires SFR In Park Slope, Brooklyn For $5.5M
2 86th Street, Brooklyn, New York 11209, United States
$5,500,000
$1,200/SF
Building Size
4,580 SF
Asset Type
Single Family Residence
Closing
Jan 23, 2022
About this deal
AI
A single-family residential property located at 611 2 Street in Park Slope, Brooklyn has been sold. The property is zoned as R7B and has a lot size of 2,000 square feet. The building has a total square footage of 6,000, with a price per square foot of $916. The sale price for the property was $5,500,000, and the previous sale price was $4,475,000 in December 19, 2019. The property was sold on January 24, 2022.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $5,500,000
- Buyer: Adam Khedouri
- Seller: Michael Shapiro
- Building Square Footage: 6,000
- Price per Square Foot: $916
- Last Sale Price: $4,475,000 (12/19/2019)
- Permits: Alteration (08/05/2021)
Adam Khedouri was the buyer in this transaction, while Michael Shapiro acted as the seller. The property has a floor area ratio (FAR) of 2.29 and falls under tax class 1. The lot dimension is 20 feet by 100 feet.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $5.5M for 4,580 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93