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873 President Street, Park ...

Updated Dec 21, 2023

Susan E Gilroy Acquires SFR In Park Slope, Brooklyn From George Sampas For $5.98M
SOLDSingle Family Residence

Susan E Gilroy Acquires SFR In Park Slope, Brooklyn From George Sampas For $5.98M

873 President Street, Park Slope, Brooklyn, NY, USA

$5,980,000

$1,220/SF

Building Size

4,900 SF

Asset Type

Single Family Residence

Closing

Apr 27, 2021

About this deal

AI

A single-family home located at 873 President Street in Park Slope, Brooklyn has been sold. The property has a total square footage of 4,900 and is zoned as R7B. The buyer, Susan E Gilroy, purchased the property from the seller, George Sampas, for a price of $5,980,000. The building has a total of 10,500 buildable square feet, resulting in a price per buildable square foot of $569. The price per square foot of the property is $1,220. The property has a floor area ratio of 1.40 and falls under tax class 1. The lot size is 3,485 square feet. The property was last sold on April 11, 2004, for $2,700,500. An alteration permit of type 1 was issued for the property on September 26, 2005. The lot dimensions are 35 feet by 100 feet.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $5,980,000
  • Buyer: Susan E Gilroy
  • Seller: George Sampas
  • Buildable Square Feet: 10,500
  • Price per Buildable Square Foot: $569
  • Total Square Feet: 4,900
  • Price per Square Foot: $1,220
  • Floor Area Ratio: 1.40
  • Tax Class: 1
  • Lot Size: 3,485 square feet
  • Last Sale Price: $2,700,500 (April 11, 2004)
  • Permits: Alteration type 1 (September 26, 2005)
  • Lot Dimensions: 35 feet by 100 feet

The successful transaction was facilitated by Susan E Gilroy's representative from her agency.

Players

George Sampas

Seller

$14.7M

vol

2 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $6M for 4,900 square feet (2021).

Visit George Sampas to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.65%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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