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Ming Fu Chen, Wei Xing Lu, Ping Jiang & Zai An Zhu Purchase Brooklyn Multifamily From Antonetta Pollina For $1.94M

Property Image
SOLD
$1,940,000
Vito Angelo
Billy Apter

New York

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MultiFamily3,280 SF
Sold 01/28/2026
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Property Image
SOLD

Ming Fu Chen, Wei Xing Lu, Ping Jiang & Zai An Zhu Purchase Brooklyn Multifamily From Antonetta Pollina For $1.94M

1651 79th Street

See Similar Deals
MultiFamily3,280 SF
Sold 01/28/2026
Vito Angelo
Billy Apter
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$591
Total Square Footage:3,280 SF
Transaction Type:Sale

The multifamily asset located at 1651 79th Street in Brooklyn was sold for $1,940,000. This property consists of 4 units and has a total square footage of 3,280, which equates to a price per unit of $485,000 and a price per square foot of $591.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,940,000
  • Units: 4
  • Square Footage: 3,280
  • Price Per Unit: $485,000
  • Price Per Square Foot: $591
  • Buyer: Ming Fu Chen, Wei Xing Lu, Ping Jiang & Zai An Zhu
  • Seller: Antonetta Pollina
  • Buyer's Representative: Billy Apter - Re/Max
  • Seller's Representative: Vito Angelo - Re/Max

This transaction involved significant representation from both sides, with Vito Angelo representing the seller Antonetta Pollina and Billy Apter representing the buyers Ming Fu Chen, Wei Xing Lu, Ping Jiang, and Zai An Zhu. The brokers are noted as top producing agents in the real estate market.

Players

Vito Angelo
Re/Max
Vito Angelo
38 deals$77.9M volume(718) 887-5708
BROKER
Billy Apter
Re/Max
Billy Apter
33 deals$66.3M volume(347) 721-6599
BROKER

Details

SOLD
IMAGE: Vito Angelo DATE: 1/28/2026 ADDRESS: 1651 79th Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Ming Fu Chen, Wei Xing Lu, Ping Jiang & Zai An Zhu SELLER: Antonetta Pollina BUYER'S REP: Billy Apter (@TheRealEstateateamprof) - Re/Max SELLER'S REP: Vito Angelo (@TheVitoAngeloShow) (@VitoAngeloSellsBrooklyn) - Re/Max SALE PRICE: $1,940,000 UNITS: 4 ~ PPU: $485,000 SF: 3,280 ~ PPSF: $591 NOTE FROM BROKER: Top Producing Agents! Your Home Maybe Worth More Than You Think! New Real Estate Laws Could Impact your Property Value! Let's Make Sure You're Getting Every Dollar You Deserve! Call today to speak with One of our Top Selling Agents Vito Angelo ~ 718-887-5708 or Billy Apter ~ 347-721-6599 Free Real Estate Market Appraisal!

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$103,466.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,892.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,196.59
Annual Debt Service$110,359.08