Updated Aug 31, 2026
Omid Mashieh's Mtek 45 St. Marks LLC Acquires Clinton Hill Multifamily For $3.2M
135 Saint James Place
$3,200,000
$1,212/SF
Building Size
2,640 SF
Asset Type
MultiFamily
Closing
Aug 5, 2026
About this deal
AI
A multifamily property located at 135 Saint James Place in Clinton Hill, Brooklyn, was sold for $3,200,000. The asset encompasses a total of 2,640 square feet, resulting in a price per square foot of $1,212.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,200,000
- Address: 135 Saint James Place
- Market: Clinton Hill, Brooklyn
- Square Footage: 2,640
- Price Per Square Foot: $1,212
- Buyer: Omid Mashieh - Mtek 45 St. Marks LLC
- Seller: Zhi Xiang Lin
The transaction involved Omid Mashieh's Mtek 45 St. Marks LLC acquiring the property from Zhi Xiang Lin, marking a significant residential deal within the Brooklyn market.
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93