Lebowits Family Purchases Multifamily Property At 11a Spencer Place Brooklyn For $2.6M
SOLD
$2,600,000
New York
See Similar DealsMultiFamily4,500 SF
Sold 05/22/2025
SOLD
Lebowits Family Purchases Multifamily Property At 11a Spencer Place Brooklyn For $2.6M
11a Spencer Place
See Similar DealsMultiFamily4,500 SF
Sold 05/22/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$577
Total Square Footage:4,500 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 11a Spencer Place in Brooklyn. The sale was concluded at a price of $2,600,000, with a total of 9 units available in the building. The property encompasses a total square footage of 4,500, equating to a price per unit of $288,888 and a price per square foot of $577.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Units: 9
- Square Footage: 4,500
- Price Per Unit: $288,888
- Price Per Square Foot: $577
- Buyer: Lebowits Family
- Seller: David Natanov
- Broker: Marcel Fridman - Barcel Group
Marcel Fridman from Barcel Group represented the seller, David Natanov, in this transaction, facilitating the sale to the Lebowits Family.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
Is there something missing? Send suggestions