Updated Dec 4, 2024
Moses Rabinovits Acquires Multifamily Property On Grant Avenue, Brooklyn For $750,000
17 Grant Avenue
$750,000
$250/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Feb 15, 2024
About this deal
AI
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $750,000
- Address: 17 Grant Avenue
- Market: Brooklyn
- Units: 4
- Price per Unit: $187,500
- Square Footage: 3,000
- Price per Square Foot: $250
- Buyer: Moses Rabinovits
- Seller: Winston Ellis
- Broker: Diamonte Zarba - Woodlawn Property Group
The multifamily sale at 17 Grant Avenue in Brooklyn, New York sold for $750K in 2024. Reported inventory is 3,000 square feet across 4 units, or about 250 per square foot. Diamonte Zarba, Woodlawn Property Group appear on the sale alongside Woodlawn Property Group. This page is the Brooklyn, New York file for the 17 Grant Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn multifamily set by closing date to see what else sold near 17 Grant Avenue around 2024. Published consideration for 17 Grant Avenue is $750K, dated 2024. Cite this Moses Rabinovits Acquires Multifamily Property On Grant Avenue, Brooklyn For $750,000 sale when underwriting similar multifamily product around Brooklyn, New York.
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
21.15%
Cash-on-Cash
-6.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93