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720 Eastern Pkwy Brooklyn, ...

Nison Badalov Acquires SFR In Brooklyn For $2.5M From Seller Howard Jaffe
SOLDSingle Family Residence

Nison Badalov Acquires SFR In Brooklyn For $2.5M From Seller Howard Jaffe

720 Eastern Pkwy Brooklyn, NY 11213, USA

$2,500,000

$1,302/SF

Building Size

1,920 SF

Asset Type

Single Family Residence

Closing

Aug 24, 2023

AI

A single-family residential (SFR) property located at 720 Eastern Parkway in Brooklyn has been sold for a price of $2,500,000. The property spans a total area of 1,920 square feet, resulting in a price per square foot of $1,302.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $2,500,000
  • Address: 720 Eastern Parkway, Brooklyn
  • Market: Brooklyn

The buyer in this transaction is Nison Badalov, while the seller is Howard Jaffe. The broker representing the deal is Margula Roumani from Douglas Elliman.

Players

Margula Roumani

Douglas Elliman

Broker

$13.9M

vol

7 deals

Broker

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93