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1150 Dean Street

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

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

Sarig Brand

Broker

$51M

vol

19 deals

Broker

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