Teresa Ann Acquires Multi-Family Property In Brooklyn For $1.45M | 20 Harrison Place | Jonathan (Jon) Schwartz | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

4,275 sqft

The multi-family property located at 20 Harrison Place in Brooklyn, New York has been sold for a price of $1,450,000. The transaction was completed between the seller, Silvershore, and the buyer, Teresa Ann. The property is situated in the thriving market of East Williamsburg.

Summary of transaction details

Property Type: Multi-family
Transaction Amount: $1,450,000
Seller: Silvershore
Buyer: Teresa Ann
Broker: Eastern Consolidated - Jonathan Schwartz

The property has a net operating income (NOI) of $70,000 and a capitalization rate (CAP rate) of 4.8%. Despite the upcoming L train shutdown, the area of East Williamsburg where the property is located continues to thrive.

Players

All
1

Agents
1

Jonathan (Jon) Schwartz

Real Estate Professional

$1.5M Sold

Details

Deal Summary

SOLD

IMAGE: 12/20/17 ADDRESS: 20 Harrison Place CITY: New York MARKET: Brooklyn ASSET TYPE: Multi family SELLER: Silvershore BUYER: Teresa Ann BROKER: Eastern Consolidated - Jonathan Schwartz PRICE: $1,450,000 NOI: $70K CAP RATE; 4.8% NOTE FROM BROKER: This part of east Williamsburg is still thriving regardless of the upcoming L train shutdown.

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Address20 Harrison Place

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