Updated Dec 21, 2023
Po Cheng Chu Acquires Single Family Home In Dyker Heights, Brooklyn For $3.5M
8404 11th Avenue, Brooklyn, New York 11228, United States
$3,500,000
$720/SF
Building Size
4,860 SF
Asset Type
Single Family Residence
Closing
Aug 14, 2022
About this deal
AI
The property involved in this transaction is a single-family home located at 8404 11th Avenue in Dyker Heights, Brooklyn. The property has a lot size of 9,000 square feet and a building square footage of 4,860. It is zoned as R3X and falls under tax class 1. The property was sold on 08/15/2022 for a price of $3,500,000, resulting in a price per square foot of $720. The buyer of the property was Po Cheng Chu, and the seller was Giacomo Santangelo. The transaction also involved an alteration permit issued on 10/26/2017.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Market: Dyker Heights, Brooklyn
- Buyer: Po Cheng Chu
- Seller: Giacomo Santangelo
- Building Square Footage: 4,860
- Price per Square Foot: $720
- Lot Size: 9,000 square feet
- Permits: Alteration 1 (10/26/2017)
- Lot Dimension: 100 ft x 90 ft
This transaction involved a single-family home in Dyker Heights, Brooklyn. Po Cheng Chu acted as the buyer, and Giacomo Santangelo acted as the seller. The property has a total of 4,860 square feet and a lot size of 9,000 square feet. The transaction included an alteration permit issued on 10/26/2017. The property was sold for $3,500,000, resulting in a price per square foot of $720. The deal was concluded on 08/15/2022.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $720 per square foot on a published $3.5M for 4,860 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