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
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