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1094 Dean Street

David Lloyd Ian Miller Jeremy Sedrish Acquire Multifamily Asset At 1094 Dean Street For $3.2M
SOLDMultiFamily

David Lloyd Ian Miller Jeremy Sedrish Acquire Multifamily Asset At 1094 Dean Street For $3.2M

1094 Dean Street

$3,200,000

$615/SF

Building Size

5,200 SF

Asset Type

MultiFamily

Closing

Jun 29, 2025

AI

The asset involved in this transaction is a multifamily property located at 1094 Dean Street in Brooklyn, which has a sale price of $3,200,000. The property comprises 8 units, with a price per unit of $400,000. It features a total square footage of 5,200, resulting in a price per square foot of $615.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,200,000
  • Units: 8
  • Price Per Unit: $400,000
  • Square Footage: 5,200
  • Price Per Square Foot: $615
  • Buyer: David Lloyd - Lloyd Properties, Ian Miller - Kadima Properties & Jeremy Sedrish
  • Seller: Kupferman Family
  • Broker: Lev Mavashev & Ben Normatov - Alpha Realty
  • Date of Sale: 6/30/2025

This transaction highlights the collaboration between David Lloyd and Ian Miller, who are both established entities in the real estate market, along with Jeremy Sedrish. The sellers, the Kupferman Family, engaged the brokerage firm represented by Lev Mavashev and Ben Normatov from Alpha Realty to facilitate the sale of this multifamily property.

Players

Lev Mavashev

Alpha Realty

Broker

$742M

vol

106 deals

Broker
Alpha Realty
Alpha RealtyBrokerage

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

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93