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
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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