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8404 11th Avenue, Brooklyn,...

Updated Dec 21, 2023

Po Cheng Chu Acquires Single Family Home In Dyker Heights, Brooklyn For $3.5M
SOLDSingle Family Residence

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

Po Cheng Chu bought a home in New York for $3.5M in 2022. The full closing is on this page.

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

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