Updated Sep 10, 2026
SOLDMultiFamily
Nadav Hamo Of Urban View Development Group Acquires Multifamily Properties For $4M In Clinton Hill
1065 Fulton Street & 1063 Fulton Street
$4,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 19, 2026
About this deal
AI
The transaction involved two multifamily properties located at 1063 & 1065 Fulton Street in Clinton Hill, Brooklyn. The total sale price for the assets was $4,000,000, and the properties encompassed 3,048 square feet, equating to a price per square foot of $1,312.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,000,000
- Square Footage: 3,048
- Price Per Square Foot: $1,312
- Buyer: Nadav Hamo - Urban View Development Group
- Seller: Eran Silverberg - SME Capital
- Transaction Date: August 19, 2026
Nadav Hamo represented Urban View Development Group in this transaction, acquiring the properties from Eran Silverberg, who represented SME Capital. The deal highlights a significant investment in the multifamily market within the Clinton Hill area.
Players
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93