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:
- Property Type: MultiFamily
- Transaction Amount: $1,750,000
- Buyer: Joseph Aghelian
- Seller: Shlomo Frand
- Broker: Sully Klein
- Units: 4
- Square Footage: 3,125
- Price per Unit: $437,500
- Price per Square Foot: $560
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
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