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1665 Nelson Ave

Updated Oct 15, 2026

Persio Maldonado Purchases MultiFamily Property In Brooklyn From Ben Solmani For $1.64M
SOLDMultiFamily

Persio Maldonado Purchases MultiFamily Property In Brooklyn From Ben Solmani For $1.64M

1665 Nelson Ave

$1,640,000

$143/SF

Building Size

11,400 SF

Asset Type

MultiFamily

Closing

Oct 6, 2017

About this deal

AI

The property involved in this transaction is a MultiFamily asset located at 1665 Nelson Ave in Brooklyn. The sale was completed for $1,640,000.00, and the asset encompasses 11,400 square feet.

Summary of transaction details:

The brokers involved in this transaction include Ohad Babo from Kassin Sabbagh Realty, Yosef Katz and Shlomo Antebi from Atlas Realty Group, and other representatives whose names are not specified. This deal highlights the collaboration between various brokerage firms and real estate agents in facilitating the property transfer.

On the Map

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$1,640,000

$143/SF

MultiFamily

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Players

Ohad Babo

Kassin Sabbagh Realty

Broker

$203.6M

vol

24 deals

Broker
GFI Realty Services
GFI Realty ServicesBrokerage

Persio Maldonado

Buyer
Buyer

Ben Solmani

Seller
Seller
Bilt advertisement

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $143 per square foot on a published $1.6M for 11,400 square feet (2017).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.67%

Cash-on-Cash

-2.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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