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1519 Dean Street

Joseph Aghelian Acquires Multifamily Property At 1519 Dean Street Brooklyn For $1.75M
SOLDMultiFamily

Joseph Aghelian Acquires Multifamily Property At 1519 Dean Street Brooklyn For $1.75M

1519 Dean Street

$1,750,000

$560/SF

Building Size

3,125 SF

Asset Type

MultiFamily

Closing

Jul 29, 2026

AI

The property asset involved in the transaction is a MultiFamily unit located at 1519 Dean Street in Brooklyn. The sale price of the property was $1,750,000, containing 4 units, which equates to a price per unit of $437,500. The total square footage of the building is 3,125, resulting in a price per square foot of $560.

Summary of transaction details:

The key individuals involved in this transaction include buyer Joseph Aghelian and seller Shlomo Frand. The transaction was facilitated by broker Sully Klein, who represented the deal. Each party played a crucial role in the successful closing of this real estate transaction.

Players

Sully Klein

Broker

$28.7M

vol

14 deals

Broker

Joseph Aghelian

Buyer

$23.5M

vol

14 deals

Buyer

Shlomo Frand

Seller

$1.8M

vol

1 deal

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

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93