Updated Dec 19, 2023
Daniel Gaviria Acquires Single Family Property In Prospect Lefferts-Gardens For $3.2M
71 Midwood Street, Brooklyn, New York 11225, United States
$3,215,000
$837/SF
Building Size
3,840 SF
Asset Type
Single Family Residence
Closing
Jun 28, 2022
About this deal
AI
A single-family property located at 71 Midwood Street in the Prospect-Lefferts Gardens neighborhood of Brooklyn has been sold in a transaction that closed on June 29, 2022. The property is zoned as R2 and has a lot size of 2,000 square feet. It features a building square footage (BSF) of 1,000 and a price per BSF of $3,215. The total square footage of the property is 3,840, with a price per square foot (PPSF) of $837. The property has a floor area ratio (FAR) of 1.92 and is classified under tax class 1. The previous sale of the property took place on June 29, 2020, for a price of $1,950,000. An alteration permit was issued on August 17, 2016.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,215,000
- Market: Prospect-Lefferts Gardens, Brooklyn
- Buyer: Daniel Gaviria
- Seller: Stephen Blagg
Daniel Gaviria was represented by his broker, while Stephen Blagg was represented by his own broker in this transaction.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $837 per square foot on a published $3.2M for 3,840 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
4.93%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93