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James P Palsa & Daniel Sagalovich Acquire Park Slope Townhouse For $4.275M
SOLD
$4,275,000
New York
See Similar DealsSingle Family2,955 SF
Sold 06/17/2024
SOLD
James P Palsa & Daniel Sagalovich Acquire Park Slope Townhouse For $4.275M
597 5th Street
See Similar DealsSingle Family2,955 SF
Sold 06/17/2024
Summary
NEW YORK
Asset Type:Single Family
Price Per Square Foot:$1,446
Total Square Footage:2,955 SF
Transaction Type:Sale
A townhouse located at 597 5th Street in Park Slope, Brooklyn, was sold for $4.275 million. The property spans 2,955 square feet, resulting in a price per square foot of $1,447.
Summary of transaction details:
- Property Type: Townhouse
- Transaction Amount: $4,275,000
- Address: 597 5th Street
- Market: Park Slope, Brooklyn
- Buyer: James P Palsa & Daniel Sagalovich
- Seller: Matthew Roose & Anouk Roose
- Square Footage: 2,955
- Price Per Square Foot: $1,447
James P Palsa and Daniel Sagalovich were the buyers of the townhouse, while Matthew Roose and Anouk Roose were the sellers in this transaction.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$228,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,188.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,265.68
Annual Debt Service$243,188.17
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