Updated Sep 1, 2026
The Derenthal Family Acquires Multi-Family Property At 119 Suydam Street In Brooklyn For $1.4M
119 Suydam Street
$1,400,000
$350/SF
Building Size
4,000 SF
Asset Type
MultiFamily
Closing
Aug 19, 2026
About this deal
AI
The asset involved in this transaction is a multi-family property located at 119 Suydam Street in Brooklyn. The sale price for this property was $1,400,000, and it consists of 2 units, offering a price per unit of $700,000. The total square footage of the property is 4,000, resulting in a price per square foot of $350.
Summary of transaction details:
- Property Type: Multi-Family
- Transaction Amount: $1,400,000
- Units: 2
- Price Per Unit: $700,000
- Square Footage: 4,000
- Price Per Square Foot: $350
- Buyer: The Derenthal Family
- Buyer’s Representatives: William Diana - WTD Realty Partners & Anthony Vaccaro - Lux Homes of Long Island
Key individuals involved in this transaction include The Derenthal Family as the buyer, represented by William Diana from WTD Realty Partners and Anthony Vaccaro from Lux Homes of Long Island, who facilitated the deal on behalf of the buyer.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93