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A Multifamily Asset At 131 Starr Street In Brooklyn Sold For $2.75M

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SOLD
$2,750,000

New York

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MultiFamily7,800 SF
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Property Image
SOLD

A Multifamily Asset At 131 Starr Street In Brooklyn Sold For $2.75M

131 Starr Street

See Similar Deals
MultiFamily7,800 SF
Sold
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$352
Total Square Footage:7800 SF
Transaction Type:Sale

The asset involved in this transaction is a multifamily property located at 131 Starr Street in Brooklyn. The sale price of the property was $2,750,000, encompassing a total square footage of 7,800, which equates to a price per square foot of $352.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,750,000
  • Address: 131 Starr Street
  • Market: Brooklyn
  • Square Footage: 7,800
  • Price Per Square Foot: $352
  • Seller: Chaim Grunfeld
  • Broker Representatives: Moshe Goldberger & Zachary Fuchs - GFI Realty Services
  • Date of Transaction: 6/5/2025

The transaction featured broker representatives Moshe Goldberger and Zachary Fuchs, who represented the seller, Chaim Grunfeld, in this deal. Their representation played a significant role in facilitating the sale of this multifamily asset in the Brooklyn market.

Players

Zachary Fuchs
62 deals$322.8M volume
BROKER

Moshe Goldberger
GFI Realty Services
17 deals$40M volume
BROKER

Michael Weiser
GFI Realty Services
33 deals$512.7M volume
BROKER

GFI Realty Services
BROKERAGE

Details

SOLD
IMAGE: Zachary Fuchs & Michael Weiser DATE: 6/5/2025 ADDRESS: 131 Starr Street MARKET: Brooklyn ASSET TYPE: Multifamily SELLER: Chaim Grunfeld BROKERS: Moshe Goldberger & Zachary Fuchs (@ZacharyDFuchs) - GFI Realty Services (@GFIRealty) SALE PRICE: $2,750,000 SF: 7,800 ~ PPSF: $352

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$146,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,770.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,036.40
Annual Debt Service$156,436.84