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104 Brooklyn Avenue

Ashoat Tevosyan Acquires Multifamily Property At 104 Brooklyn Avenue From Allen Sanil For $2.285M
SOLDMultiFamily

Ashoat Tevosyan Acquires Multifamily Property At 104 Brooklyn Avenue From Allen Sanil For $2.285M

104 Brooklyn Avenue

$2,285,000

$892/SF

Building Size

2,560 SF

Asset Type

MultiFamily

Closing

Jul 24, 2025

AI

The asset involved in this transaction is a multifamily property located at 104 Brooklyn Avenue in Brooklyn. The sale price was $2,285,000, comprising 2 units with a price per unit of $1,142,500. The total square footage of the property is 2,560, which translates to a price per square foot of $892.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,285,000
  • Units: 2
  • Price Per Unit: $1,142,500
  • Square Footage: 2,560
  • Price Per Square Foot: $892
  • Buyer: Ashoat Tevosyan
  • Seller: Allen Sanil
  • Seller's Representative: Afik Even & Sarig Brand
  • Date of Sale: 7/25/2025
  • Market: Brooklyn

This transaction highlights the expertise of Afik Even and Sarig Brand, who represented the seller in navigating a challenging market to successfully close the deal. They mentioned having dealt with many transactions off-market, showcasing their proficiency in the real estate sector.

Players

Sarig Brand

Broker

$51M

vol

19 deals

Broker

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

6.94%

Cash-on-Cash

-1.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93