Jonni Nance Acquires Multifamily Property From Joseph Aghelian In Brooklyn For $1.85M
16 Goodwin Place
$1,850,000
$797/SF
Building Size
2,319 SF
Asset Type
MultiFamily
Closing
Mar 31, 2026
AI
This multifamily asset is located at 16 Goodwin Place in the Brooklyn market. The property was sold for $1,850,000 and comprises 2 units, resulting in a price per unit of $925,000. The total square footage of the property is 2,319, translating to a price per square foot of $797.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Units: 2
- Price Per Unit: $925,000
- Square Footage: 2,319
- Price Per Square Foot: $797
- Buyer: Jonni Nance
- Seller: Joseph Aghelian
- Seller's Representative: Sully Klein
The individuals involved in this transaction include the buyer, Jonni Nance, and the seller, Joseph Aghelian. The seller was represented by Sully Klein in this sale, facilitating the transaction.
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93