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1823 Dewey Street

Ionathan Brief Purchases Multifamily Property On Dewey Street From Alejandro Gershanik For $2.55M
SOLDMultiFamily

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

Alejandro Gershanik

BM2 Realty

Broker

$94.9M

vol

34 deals

Broker
BM2 Realty
BM2 RealtyBrokerage
Alejandro Gershanik

Alejandro Gershanik

Seller

$94.9M

vol

34 deals

Seller

Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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