Ionathan Brief Purchases Multifamily Property On Dewey Street From Alejandro Gershanik For $2.55M
1823 Dewey Street
$2,550,000
$367/SF
Building Size
6,938 SF
Asset Type
MultiFamily
Closing
Aug 28, 2025
AI
The property asset involved in the transaction is a multifamily unit located at 1823 Dewey Street in the Hollywood market. The sale was completed for a transaction amount of $2,550,000, encompassing a total square footage of 6,938, which reflects a price per square foot of $367.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Square Footage: 6,938
- Price Per Square Foot: $367
- Buyer: Ionathan Brief
- Seller: Alejandro Gershanik
- Buyer’s Representative: Maximilliano Ingerflom
- Seller’s Representative: Alejandro Gershanik - BM2 Realty
- Transaction Date: 08/29/2025
Key individuals in the transaction include Ionathan Brief as the buyer and Alejandro Gershanik as the seller. The buyer was represented by Maximilliano Ingerflom, while Alejandro Gershanik also represented himself in the transaction under the agency BM2 Realty.
Players
Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93