Jacob Waldman Purchases Land At 395 Manhattan Avenue In Brooklyn For $2.4 Million
395 Manhattan Avenue
$2,400,000
$426/SF
Building Size
5,625 SF
Asset Type
Land
Closing
Oct 8, 2026
About this deal
AI
The asset involved in this transaction is land located at 395 Manhattan Avenue in Brooklyn. The sale price for this property was $2,400,000, and the building square footage (BSF) is 5,625 square feet, resulting in a price per building square foot (PPBSF) of $426.7.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,400,000
- Address: 395 Manhattan Avenue
- Market: Brooklyn
- BSF: 5,625
- PPBSF: $426.7
- Buyer: Jacob Waldman
- Seller: John Czaplinski
- Broker: Reouven Elharar - Rosewood Realty Group
This transaction involved significant figures in the real estate market. Jacob Waldman acted as the buyer of the property. John Czaplinski was the seller, while Reouven Elharar from Rosewood Realty Group represented the broker in this deal.
On the Map
$2,400,000
$426/SF
Land
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Brooklyn Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93