facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

1518 Jefferson Ave

Dov Popak Sells Multifamily Property At 1518 Jefferson Ave Brooklyn For $2.2M
SOLDMultiFamily

Dov Popak Sells Multifamily Property At 1518 Jefferson Ave Brooklyn For $2.2M

1518 Jefferson Ave

$2,200,000

$385/SF

Building Size

5,712 SF

Asset Type

MultiFamily

Closing

Sep 14, 2023

AI

The property involved in this transaction is located at 1518 Jefferson Ave, Brooklyn. It is classified as a MultiFamily asset with a total square footage of 5,712. The sale price for this property was $2,200,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,200,000.00
  • Address: 1518 Jefferson Ave
  • Market: Brooklyn
  • Square Footage: 5,712.0
  • Seller: Dov Popak
  • Broker Representatives: Josh Lipton - Invictus, Andrew Levine - Invictus

This transaction was facilitated by brokers Josh Lipton and Andrew Levine, both representing Invictus in the deal. The seller of the property is identified as Dov Popak, completing this closed transaction efficiently within the market of Brooklyn.

Players

Andrew Levine

Invictus Property Advisors

Broker

$453.3M

vol

67 deals

Broker

Dov Popak

Seller
Seller

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93