Updated May 27, 2025
Matthew Ahdoot Acquires Multi Family Property In Brooklyn For $5.75M
1 ELTON STREET, Brooklyn, NY 11208
Building Size
22,946 SF
Asset Type
MultiFamily
Closing
Jul 10, 2018
About this deal
AI
The multi-family property located at 1 Elton Street in Brooklyn, New York has been sold for a price of $5,750,000. The property has a building square footage of 22,946 and consists of 28 residential units.
Summary of transation details
- Property Type: Multi Family
- Transaction Amount: $5,750,000
- Building Square Footage: 22,946
- Number of Units: 28
- Address: 1 Elton Street, Brooklyn, New York
- Market: Brooklyn
In this transaction, the seller was Ghazi Bokhari and the buyer was Matthew Ahdoot. The deal was facilitated by the brokers Samia Farah and Swain Weiner of GMI Properties.
On the Map
MultiFamily
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Brooklyn 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93