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
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93