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149 Clarkson Ave, Brooklyn,...

David Samuels Acquires Multifamily Property In Prospect Lefferts Garden For $4.15M
SOLDMultiFamily

David Samuels Acquires Multifamily Property In Prospect Lefferts Garden For $4.15M

149 Clarkson Ave, Brooklyn, NY 11226, USA

$4,150,000

$37/SF

Building Size

110,000 SF

Asset Type

MultiFamily

Closing

Jun 17, 2020

AI

A multifamily property located at 149 Clarkson Avenue in Prospect Lefferts Garden has been sold for $4,150,000. The property spans 11,000 square feet, resulting in a price per square foot of $377. It consists of 10 units, with each unit having an average price of $415,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,150,000
  • Address: 149 Clarkson Avenue
  • Market: Prospect Lefferts Garden
  • Square Footage: 11,000
  • Price per Square Foot: $377
  • Number of Units: 10
  • Price per Unit: $415,000

The seller of the property is Nadav Hamo, while the buyer is David Samuels. Marcel Fridman from Barcel Group represented both parties in the transaction.

Note: The property was developed in 2015 and has 15 years remaining on its lease.

Players

Marcel Fridman

Barcel Group

Broker

$451.5M

vol

141 deals

Broker

David Samuels

Skybrook Capital

Buyer

$20.9M

vol

6 deals

Buyer
Nadav Hamo

Nadav Hamo

Urban View Development Group

Seller

$68.1M

vol

9 deals

Seller

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

3.82%

Cash-on-Cash

-1.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93