Updated Jan 7, 2026
Rob Steuw Purchases Multifamily Property From Joseph Aghelian In Brooklyn For $2.5M
110 Mckibbin Street
$2,500,000
$1,250/SF
Building Size
2,000 SF
Asset Type
MultiFamily
Closing
Dec 15, 2025
About this deal
AI
This multifamily property located at 110 Mckibbin Street in Brooklyn features two units, covering a total area of 2,000 square feet. The property was sold for $2,500,000, resulting in a price per unit of $1,250,000 and a price per square foot of $1,250.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Units: 2
- Square Footage: 2,000
- Price Per Unit: $1,250,000
- Price Per Square Foot: $1,250
- Buyer: Rob Steuw
- Seller: Joseph Aghelian
- Seller's Representative: Sully Klein
In this transaction, Rob Steuw acquired the property from Joseph Aghelian, with Sully Klein representing the seller throughout the process. The transaction showcases active participation from all parties involved in the sale.
On the Map
$2,500,000
$1,250/SF
MultiFamily
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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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93