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143 Bay 26th Street, Brookl...

Atlas Realty Group Partners Acquires Multifamily Property In Bensonhurst For $1.43M
SOLDMultiFamily

Atlas Realty Group Partners Acquires Multifamily Property In Bensonhurst For $1.43M

143 Bay 26th Street, Brooklyn, NY, USA

$1,432,000

$273/SF

Building Size

5,245 SF

Asset Type

MultiFamily

Closing

Nov 7, 2021

AI

The multifamily property located at 143 Bay 26th in Bensonhurst has been sold for a total of $1,432,000. The transaction took place on November 8, 2021. The property spans approximately 5,245 square feet, resulting in a price per square foot of $273. It consists of 6 units, with an average price per unit of $238,666.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,432,000
  • Address: 143 Bay 26th, Bensonhurst
  • Market: Bensonhurst

The sale was facilitated by the Pernicone Family, who acted as the sellers. The buyer's representatives in the deal were Shlomo Antebi, Erik Yankelovich, Natan Safdieh, and Bobby Hedaya of Atlas Realty Group Partners LLC.

Players

Natan Safdieh

Atlas Realty Group

Broker

$113.5M

vol

22 deals

Broker

New York 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

11.08%

Cash-on-Cash

-3.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93