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90 Amity Street, Brooklyn, ...

Roberta G Robbins Acquires SFR In Cobble Hill For $6.4M
SOLDSingle Family Residence

Roberta G Robbins Acquires SFR In Cobble Hill For $6.4M

90 Amity Street, Brooklyn, New York 11201, United States

$6,440,488

$1,548/SF

Building Size

4,160 SF

Asset Type

Single Family Residence

Closing

Oct 5, 2021

AI

A single-family residential property located at 90 Amity Street in Cobble Hill has been sold for a total price of $6,440,488. The property has a buildable square footage (BSF) of 3,888, resulting in a price per buildable square foot (PPBSF) of $1,656. The total square footage of the property is 4,160, with a price per square foot (PPSF) of $1,548. The lot size is 1,600 square feet, and the lot dimensions are 16 feet by 100 feet. The property falls under tax class 1, and it has a floor area ratio (FAR) of 2.60. An alteration permit was issued for the property on October 13, 2017.

Summary of transaction details:

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $6,440,488
  • Market: Cobble Hill
  • Zoning: R6
  • Buyer: Roberta G Robbins
  • Seller: Joel Kestenbaum
  • Broker: Fredrik Eklund - Douglas Elliman
  • Tax Class: 1

Roberta G Robbins is the buyer of the property, while Joel Kestenbaum is the seller. The deal was facilitated by Fredrik Eklund representing Douglas Elliman as the broker. The property transaction also involved an alteration permit issued on October 13, 2017.

Players

Joel Kestenbaum

Fortis Property Group

Seller

$125.1M

vol

5 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.46%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93