Updated Jan 9, 2026
Shao Yi Chen & Nen Ling Wu Acquire Multifamily Property In Bath Beach For $1.8M
156 Bay 13th Street, Brooklyn, New York 11214, United States
$1,828,000
$767/SF
Building Size
2,383 SF
Asset Type
MultiFamily
Closing
Dec 7, 2021
About this deal
AI
The multifamily property located at 156 Bay 13th St. in Bath Beach has been sold in a recent transaction. The property is zoned as R4 and spans a total area of 2,383 square feet. The sale of this property was facilitated by Vito Angelo from Remax Real Estate Professionals and Billy Apter.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,828,000
- Address: 156 Bay 13th St.
- Market: Bath Beach
- Zoning: R4
Shao Yi Chen and Nen Ling Wu acted as the buyers, while Antonio Nisi was the seller in this deal. The transaction was successfully completed with the assistance of Vito Angelo from Remax Real Estate Professionals and Billy Apter.
New York 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
8.68%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93