Updated Oct 15, 2026
Youri Dauber Of Cohabs Secures $33.4 Million Loan From Axos Bank For Brooklyn Multifamily
225 Brooklyn Avenue, 1162 Pacific Street & 235 Bainbridge Street
$33,400,000
$96/SF
Building Size
115,596 SF
Asset Type
MultiFamily
Closing
Sep 16, 2026
About this deal
AI
The transaction involves a multi-family asset located at 225 Brooklyn Avenue, 1162 Pacific Street, and 235 Bainbridge Street in Brooklyn. The total square footage of the properties is 115,596, with a transaction amount of $33,400,000 secured through a loan.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $33,400,000
- Address: 225 Brooklyn Avenue, 1162 Pacific Street & 235 Bainbridge Street
- Market: Brooklyn
- Lender: Axos Bank
- Landlord: Youri Dauber - Cohabs
Cohabs, through 1069 Dean Street LLC, arranged a cross-collateralized loan from Axos Bank that encompassed 24 Brooklyn properties, which collectively feature 75 residential units. The deal showcases the strategic financing approach adopted by Youri Dauber, representing Cohabs in this real estate transaction.
On the Map
$33,400,000
$96/SF
MultiFamily
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Mechanicsville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.47%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93