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Multi-Family Property at 84 1st Place Brooklyn

Multi-Family Property at 84 1st Place Brooklyn
FOR SALE

$6,995,000

84 1st Place, Brooklyn, NY 11231

6,480 SF

Square Feet

$1,079

PPSF

5.31%

CAP

Property Description

NOI

$371,304

Cap Rate

5.31%

  • 5 Unit Multi-Family
  • 100% Free Market
  • 6,480 SF

Property Details

Asset Type

MultiFamily

Zoning

R6A

Lot Size

1,792 SF

Neighborhood

Carroll Gardens

Submarket

Brooklyn

ZIP

11231

Listing Type

sale

Net Operating Income (NOI)

$589,074

Debt Service Coverage Ratio (DSCR)

1.48x

Cap Rate

8.42%

Cash Flow (Annual)

$191,156

Cash-on-Cash Return

10.93%

Monthly Debt Service

$33,160

Annual Debt Service

$397,918

View on Map

Address

84 1st Place

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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Michael (Mike) Salvatico

Michael (Mike) Salvatico

Real Estate Broker

184 closed

Call
Shaun Riney
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Shaun Riney

Senior Managing Director of Investments

378 closed

Call
Will Carbonari

Will Carbonari

Investment Sales Associate

5 closed

Call

Send a Message

Michael (Mike) Salvatico

Michael (Mike) Salvatico

Real Estate Broker

184 closed

Call
Shaun Riney
Verified Badge

Shaun Riney

Senior Managing Director of Investments

378 closed

Call
Will Carbonari

Will Carbonari

Investment Sales Associate

5 closed

Call