Corcoran And Brown Harris Stevens Facilitate $4.75M Single Family Sale In Park Slope, Brooklyn
SOLD
New York
See Similar DealsSingle Family3,450 SF
Sold 12/12/2023
SOLD
Corcoran And Brown Harris Stevens Facilitate $4.75M Single Family Sale In Park Slope, Brooklyn
403 4th Street
See Similar DealsSingle Family3,450 SF
Sold 12/12/2023
Summary
NEW YORK
Asset Type:Single Family
Price Per Square Foot:$1,376
Total Square Footage:3,450 SF
Transaction Type:Sale
A single-family property located at 403 4th Street in Park Slope, Brooklyn has been sold for a price of $4,750,000. The property spans 3,450 square feet, resulting in a price per square foot of $1,377.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $4,750,000
- Market: Park Slope, Brooklyn
- Buyer's Rep: Ari Harkov - Brown Harris Stevens
- Seller's Rep: Charlie Pigott & Jackie Torren - Corcoran
Ari Harkov from Brown Harris Stevens represented the buyer in this transaction, while Charlie Pigott and Jackie Torren from Corcoran represented the seller.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$253,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,875.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,517.42
Annual Debt Service$270,209.08
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