Updated Dec 21, 2023
Mark Mcfadden Acquires Single Family Home On Middagh Street In Brooklyn Heights For $6.75M
72 Middagh Street, Brooklyn, New York 11201, United States
$6,750,000
$1,685/SF
Building Size
4,005 SF
Asset Type
Single Family Residence
Closing
Mar 28, 2022
About this deal
AI
The single-family property located at 72 Middagh Street in Brooklyn Heights, Brooklyn has been sold in a closed transaction. The property is situated in an R7-1, LH-1 zoning area. The sale took place on March 29, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,750,000
- Market: Brooklyn Heights, Brooklyn
- Buyer: Mark Mcfadden
- Seller: Sarah Connelly
- BSF (Building Square Footage): 8,665
- Price per BSF: $778
- SF (Lot Square Footage): 4,005
- Price per SF: $1,685
- FAR (Floor Area Ratio): 1.59
- Tax Class: 1
- Lot Size: 2,519
- Permits: Alteration (02/16/2018)
- Lot Dimension: 25 ft x 100.75 ft
The buyer in this transaction was Mark Mcfadden, and the seller was Sarah Connelly.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $6.8M for 4,005 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93