Nancy J Sandy Acquires Multifamily Property At 1150 Dean Street Brooklyn For $3.52M With Seller's Rep Afik Even & Sarig Brand
1150 Dean Street
$3,520,000
$841/SF
Building Size
4,184 SF
Asset Type
MultiFamily
Closing
Jul 30, 2025
AI
The property involved in this transaction is a multifamily asset located at 1150 Dean Street in Brooklyn. It features two units, with a sale price of $3,520,000. The total square footage of the property is 4,184, resulting in a price per square foot of $841 and a price per unit of $1,760,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,520,000
- Units: 2
- Square Footage: 4,184
- Price Per Unit: $1,760,000
- Price Per Square Foot: $841
- Buyer: Nancy J Sandy
- Seller's Representatives: Afik Even & Sarig Brand
- Date of Sale: 7/31/2025
This transaction marks a significant achievement, as highlighted by the seller's representatives, Afik Even and Sarig Brand, who noted a record price for a double duplex in Crown Heights with this fully updated two-family property. They express confidence in their ability to navigate the current market conditions.
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
4.51%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93