Updated Apr 20, 2026
Simon Family Purchases Multifamily Property From Loualgia Jordan For $2.5M With Valerie Sebbag As Buyer's Rep
1434 President Street
$2,500,000
$907/SF
Building Size
2,756 SF
Asset Type
MultiFamily
Closing
Mar 26, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 1434 President Street in Brooklyn. The sale price for the property was $2,500,000, comprising a total square footage of 2,756, which equates to a price per square foot of $907.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Address: 1434 President Street
- Market: Brooklyn
- Square Footage: 2,756
- Price Per Square Foot: $907
- Buyer: Simon Family
- Seller: Loualgia Jordan
- Buyer's Representative: Valerie Sebbag - 555 Properties LLC
This transaction features the Simon Family as the buyer and Loualgia Jordan as the seller. Valerie Sebbag from 555 Properties LLC acted as the representative for the buyer in this deal.
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Valerie Sebbag to view all their deals.
Browse Brooklyn multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93