Oleg Krasnitskiy Acquires Development Site In Brooklyn From Abdul Amafi For $2.15M
2635 East 23rd Street
$2,150,000
$271/SF
Building Size
7,917 SF
Asset Type
Development Site
Closing
Jun 18, 2026
AI
The property is a development site located at 2635 East 23rd Street in Brooklyn. The transaction was finalized with a sale price of $2,150,000. The total square footage of the site is 7,917, which translates to a price per square foot of $271.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,150,000
- Address: 2635 East 23rd Street
- Market: Brooklyn
- Square Footage: 7,917
- Price Per Square Foot: $271
- Buyer: Oleg Krasnitskiy
- Seller: Abdul Amafi
- Broker: Richard Zagranichny - Ripco
The key individuals involved in the transaction include Oleg Krasnitskiy as the buyer and Abdul Amafi as the seller, with Richard Zagranichny representing the buyer through Ripco. This transaction highlights the active participation of these individuals in the real estate development sector within the Brooklyn market.
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93