Updated Dec 21, 2023
Jack Oved Acquires Homecrest Single Family Property From Norma Shamosh For $4.95M
730 Avenue R, Brooklyn, New York 11223, United States
$4,950,000
$1,521/SF
Building Size
3,254 SF
Asset Type
Single Family Residence
Closing
Dec 12, 2021
About this deal
AI
A single-family property located at 730 Avenue R in the Homecrest neighborhood of Brooklyn has been sold. The transaction took place on December 13, 2021. The property, which is zoned as R5 and OP, has a total building size of 5,062 square feet with a price per square foot of $978. The total lot size is 4,050 square feet with dimensions of 40.5 feet by 100 feet.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $4,950,000
- Buyer: Jack Oved
- Seller: Norma Shamosh
- Tax Class: 1
- Last Sale Price: $0 (07/01/1996)
Jack Oved has purchased the property from Norma Shamosh for a total price of $4,950,000. The sale of this property marks a significant transaction in the Homecrest neighborhood of Brooklyn. The property offers a total of 3,254 square feet of living space with a price per square foot of $1,521. The floor area ratio (FAR) for the property is 0.80, indicating that the building size is within the permitted limit. This transaction represents a promising investment opportunity in the area.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1.5K per square foot on a published $5M for 3,254 square feet (2021).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93