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138 Montague Street

Updated May 28, 2026

Soly Halabi Purchases 138 Montague Street Multifamily In Brooklyn For $6 Million
SOLDMultiFamily

Soly Halabi Purchases 138 Montague Street Multifamily In Brooklyn For $6 Million

138 Montague Street

$6,000,000

$1,275/SF

Building Size

4,703 SF

Asset Type

MultiFamily

Closing

Mar 1, 2026

About this deal

AI

The property asset involved in this transaction is a multifamily building located at 138 Montague Street in Brooklyn. The sale was completed for a price of $6,000,000, encompassing a total of 26 units. The building covers a square footage of 4,703, resulting in a price per unit of $230,769 and a price per square foot of $1,275.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Units: 26
  • Square Footage: 4,703
  • Price Per Unit: $230,769
  • Price Per Square Foot: $1,275
  • Buyer: Soly Halabi
  • Seller: James Santangelo
  • Buyer's Representative: Joshua Malekan - Bridge Advisory Group
  • Seller's Representatives: Rene Attias & Ernst Achildiyev - EXP Realty

This transaction was facilitated by Joshua Malekan, who represented the buyer, Soly Halabi, while the seller, James Santangelo, was represented by Rene Attias and Ernst Achildiyev. The deal was concluded on March 2, 2026, highlighting the involvement of these key individuals and their respective agencies in the multifamily property market.

On the Map

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$6,000,000

$1,275/SF

MultiFamily

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Players

Joshua Malekan

Bridge Advisory Group

Broker

$159.5M

vol

48 deals

Broker
Soly Halabi

Soly Halabi

Buyer

$176.1M

vol

7 deals

Buyer
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $6M for 4,703 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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