Alex Rabin & David Gomez Of PEAK Capital Sell Brooklyn Multifamily For $8.5M
150 North 9th Street
$8,500,000
$1,545/SF
Building Size
5,500 SF
Asset Type
MultiFamily
Closing
Jan 24, 2025
AI
The property asset involved in this transaction is located at 150 North 9th Street in Brooklyn, classified as a multifamily structure. The sale price was set at $8,500,000, encompassing a total of 8 units. The total square footage of the property is 5,500, resulting in a price per unit of $1,062,500 and a price per square foot of $1,545.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,500,000
- Units: 8
- Square Footage: 5,500
- Price Per Unit: $1,062,500
- Price Per Square Foot: $1,545
- Seller: Alex Rabin & David Gomez - PEAK Capital
- Broker: Alan Stenson - Brax Realty
- Date of Transaction: 01/24/2025
The deal involved key individuals such as the sellers Alex Rabin and David Gomez, representing PEAK Capital, and broker Alan Stenson from Brax Realty. Each played a critical role in facilitating the transaction, which underscores their involvement in the real estate market of Brooklyn.
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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93