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131 Starr Street

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

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

131 Starr Street

$2,750,000

$352/SF

Building Size

7,800 SF

Asset Type

MultiFamily

Closing

Jun 4, 2025

AI

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

GFI Realty Services

Broker

$325.2M

vol

63 deals

Broker
GFI Realty Services
GFI Realty ServicesBrokerage

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

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93