Updated Dec 21, 2023
Man Chi Chan Acquires Single Family Property In Dyker Heights, Brooklyn For $3.5M
8124 11th Avenue, Brooklyn, New York 11228, United States
$3,500,000
$1,121/SF
Building Size
3,120 SF
Asset Type
Single Family Residence
Closing
Apr 28, 2022
About this deal
AI
The property located at 8124 11th Avenue in Dyker Heights, Brooklyn, was recently sold in a transaction. The single-family home has a zoning classification of R3X and sits on a lot size of 6,000 square feet. The property has a building square footage of 3,120 and was sold for a price of $3,500,000. The buyer of the property is Man Chi Chan, while the seller is Mario Abitino.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Address: 8124 11th Avenue, Dyker Heights, Brooklyn
- Market: Dyker Heights, Brooklyn
- Zoning: R3X
- Square Footage: 3,120
- Lot Size: 6,000
The property was last sold on June 21, 2007, for a price of $1,700,000. Permits for alteration were obtained on November 17, 2009. The lot dimensions are 60 feet by 100 feet. The property's floor area ratio (FAR) is 0.52 and falls under tax class 1.
Note: No additional information is available regarding this property transaction.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3.5M for 3,120 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93