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1896 East 4th Street

1896 East 4th Street LLC Acquires Single Family Property From Rochelle & Jack Yedid
SOLDSingle Family

1896 East 4th Street LLC Acquires Single Family Property From Rochelle & Jack Yedid

1896 East 4th Street

$6,860,000

$1,306/SF

Building Size

5,250 SF

Asset Type

Single Family

Closing

Mar 1, 2024

AI

Located in Gravesend, Brooklyn, the property at 1896 East 4th Street is a single-family dwelling spanning 5,250 square feet. The transaction involved the sale of this asset for $6.86 million, resulting in a price per square foot of $1,307.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,860,000
  • Address: 1896 East 4th Street
  • Market: Gravesend, Brooklyn
  • Buyer: 1896 East 4th Street LLC
  • Seller: Rochelle Yedid & Jack Yedid

The sale of 1896 East 4th Street was completed with the property being acquired by 1896 East 4th Street LLC from the sellers Rochelle and Jack Yedid. This transaction highlights the transfer of ownership for the single-family property in Gravesend, Brooklyn.

Players

Brooklyn Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.31%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93