Updated Dec 19, 2023
Lebowitz Family Acquires Bed-Stuy Multifamily For $3.68M With Brokers Mavashev, Normatov & Aminov
126 Herkimer Street, Brooklyn, New York 11216, United States
$3,675,000
$349/SF
Building Size
10,508 SF
Asset Type
MultiFamily
Closing
Oct 27, 2022
About this deal
AI
The multifamily property located at 126 Herkimer Street in the Bed-Stuy market has been sold for a total of $3,675,000. The property spans an area of 10,508 square feet, resulting in a price per square foot of $350. The transaction took place on October 28, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,675,000
- Market: Bed-Stuy
- Address: 126 Herkimer Street
The buyer of the property is The Lebowitz Family. The deal was facilitated by Lev Mavashev, Ben Normatov, and Daniel Aminov from Alpha Realty. These brokers represented the buyer in the transaction.
Note: No additional information regarding the property or individuals involved in the deal was provided.
On the Map
$3,675,000
$349/SF
MultiFamily
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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
4.32%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93