SOLDMultiFamily
Eric Orlofsky Buys 1331 Pacific Street Brooklyn Multifamily For $1,885,000
1331 Pacific Street
$1,885,000
$261/SF
Building Size
7,200 SF
Asset Type
MultiFamily
Closing
Aug 4, 2025
AI
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
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
8.42%
Cash-on-Cash
-2.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93