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