Updated Mar 13, 2026
Beniamin Sadykov Sells Multi Family Property At 169 Madison Street In Brooklyn For $3.1M
169 Madison Street, Bedford-Stuyvesant, Brooklyn, NY, USA
$3,100,000
$1,107/SF
Building Size
2,800 SF
Asset Type
MultiFamily
Closing
Oct 12, 2021
About this deal
AI
The property asset involved in this transaction is a Multi Family located at 169 Madison Street in the Bedford-Stuyvesant market of Brooklyn, with a sale price of $3,100,000. The building has a total square footage of 2,800 and a building size factor of 4,750, resulting in a price per square foot of $1,107. The lot measures 2,375 square feet with dimensions of 18.75 ft x 125.83 ft, with a zoning classification of R6B and a Floor Area Ratio (FAR) of 1.18. This property falls under tax class 1 and previously sold for $315,000 on 12/9/2014.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $3,100,000
- Address: 169 Madison Street
- Market: Bedford-Stuyvesant, Brooklyn
- Building Size Factor (BSF): 4,750
- Price Per Building Size Factor (PPBSF): $653
- Square Footage (SF): 2,800
- Price Per Square Foot (PPSF): $1,107
- Floor Area Ratio (FAR): 1.18
- Tax Class: 1
- Lot Size: 2,375
- Last Sale Price: $315,000
- Last Sale Date: 12/9/2014
- Lot Dimension: 18.75 ft x 125.83 ft
Beniamin Sadykov was the seller in this transaction, facilitating the sale of the property. Further details regarding the broker representatives involved have not been provided.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93