Updated Dec 21, 2023
Joseph Hedaya Acquires Single Family Property In Sheepshead Bay, Brooklyn For $4.7M
719 Avenue S, Brooklyn, New York 11223, United States
$4,700,000
$928/SF
Building Size
5,060 SF
Asset Type
Single Family Residence
Closing
Mar 30, 2022
About this deal
AI
The single-family property located at 719 Avenue S in Sheepshead Bay, Brooklyn has been sold. The transaction took place on March 31, 2022, with a sale price of $4,700,000. The property spans 5,060 square feet, resulting in a price per square foot of $928. The lot size is 3,283 square feet, with dimensions of 32.83 feet by 100 feet. The zoning for the property is R5.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,700,000
- Market: Sheepshead Bay, Brooklyn
- Buyer: Joseph Hedaya
- Seller: Joyce Srour
- Square Footage: 5,060
- Price per Square Foot: $928
- Lot Size: 3,283 square feet
- Lot Dimension: 32.83 ft x 100 ft
Joseph Hedaya acted as the buyer in the transaction, while Joyce Srour served as the seller. The deal involved the sale of a single-family property in Sheepshead Bay, Brooklyn. The transaction represents a significant real estate transaction in the area.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $928 per square foot on a published $4.7M for 5,060 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93