Eric Orlofsky Buys 1331 Pacific Street Brooklyn Multifamily For $1,885,000
SOLD
$1,885,000
New York
See Similar DealsMultiFamily7,200 SF
Sold 08/04/2025
SOLD
Eric Orlofsky Buys 1331 Pacific Street Brooklyn Multifamily For $1,885,000
1331 Pacific Street
See Similar DealsMultiFamily7,200 SF
Sold 08/04/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$261
Total Square Footage:7,200 SF
Transaction Type:Sale
The asset is a multifamily property at 1331 Pacific Street in Brooklyn. It sold for $1,885,000, with about 7,200 square feet and a price per square foot of $261, reflecting Brooklyn market activity.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,885,000
- Address: 1331 Pacific Street
- Market: Brooklyn
- Date: 8/5/2025
- Buyer: Eric Orlofsky
- Broker: Marcel Fridman - Barcel Group
- Asset Size (SF): 7,200
- PPSF: $261
The buyer for the property was Eric Orlofsky, with Marcel Fridman of Barcel Group serving as broker on the deal.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$100,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,697.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,935.86
Annual Debt Service$107,230.34
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