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Nancy J Sandy Acquires Multifamily Property At 1150 Dean Street Brooklyn For $3.52M With Seller's Rep Afik Even & Sarig Brand

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SOLD
$3,520,000

New York

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MultiFamily4,184 SF
Sold 07/31/2025
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Property Image
SOLD

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

See Similar Deals
MultiFamily4,184 SF
Sold 07/31/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$841
Total Square Footage:4,184 SF
Transaction Type:Sale

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

19 deals$51M volume(917) 583-6706
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Afik Even
19 deals$50.8M volume
BROKER

Details

SOLD
IMAGE: Afik Even & Sarig Brand DATE: 7/31/2025 ADDRESS: 1150 Dean Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Nancy J Sandy SELLER'S REP: Afik Even (@AEBrownstones) & Sarig Brand (@BrandRealtyNYC) SALE PRICE: $3,520,000 UNITS: 2 ~ PPU: $1,760,000 SF: 4,184 ~ PPSF: $841 NOTE FROM SELLER'S REP: Breaking record price for a double duplex in Crown Heights — just closed on this fully updated two-family. We know how to get it done, even in today’s market. Thinking of buying, selling, or want a free broker opinion? Contact Afik or Sarig.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$187,733.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,505.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,686.60
Annual Debt Service$200,239.15