Updated Sep 11, 2026
Gusty Marquis Acquires Multifamily Property From Seller Jay Smith In Bergen Beach For $1.19M
1210 East 72nd Street
$1,190,000
$345/SF
Building Size
3,448 SF
Asset Type
MultiFamily
Closing
May 9, 2024
About this deal
AI
The multifamily property located at 1210 East 72nd Street in Bergen Beach, Brooklyn, was sold for $1,190,000. The property consists of 3 units with a total of 3,448 square feet, resulting in a price per unit of $396,667 and a price per square foot of $345.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,190,000
- Units: 3
- Price Per Unit: $396,667
- Square Footage: 3,448
- Price Per Square Foot: $345
- Address: 1210 East 72nd Street
- Market: Bergen Beach, Brooklyn
Gusty Marquis acquired the property from Jay Smith. The transaction was facilitated by Victor Althkefati and Nina Sabag from 5 Boro Realty, representing the buyer and the seller in the deal.
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
13.33%
Cash-on-Cash
-3.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93