Isaac Dayan Acquires Multifamily Asset At 1202 Carroll Street Brooklyn For $1.6M
1202 Carroll Street
$1,600,000
$735/SF
Building Size
2,176 SF
Asset Type
MultiFamily
Closing
May 13, 2025
AI
The property involved in this transaction is a multifamily asset located at 1202 Carroll Street in Brooklyn. The sale price for the asset was $1,600,000, with a total of 3 units. The property spans 2,176 square feet, resulting in a price per unit of $533,333 and a price per square foot of $735.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 3
- Square Footage: 2,176
- Price Per Unit: $533,333
- Price Per Square Foot: $735
- Buyer: Isaac Dayan
- Seller: Odessa Robinson
- Broker: Margula Roumani - Douglas Elliman
- Date of Sale: 5/14/2025
Isaac Dayan represented the buyer in this transaction while Odessa Robinson was the seller. The deal was facilitated by broker Margula Roumani from Douglas Elliman, who played a key role in bringing both parties together for the successful completion of the sale.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93