Walter Navas & Betty Cooper Sell Brooklyn Multifamily For $3.8M With Brokers Gabriel Kates & Sean Mashihi
175 Adelphi Street
$3,800,000
$779/SF
Building Size
4,875 SF
Asset Type
MultiFamily
Closing
Sep 3, 2025
AI
The property asset involved in this transaction is a multifamily building located at 175 Adelphi Street in Brooklyn. The sale was finalized for a price of $3,800,000, with a total of 4 units available. The building encompasses a square footage of 4,875 and has a price per unit of $950,000, translating to a price per square foot of $779.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Units: 4
- Square Footage: 4,875
- Price per Unit: $950,000
- Price per Square Foot: $779
- Seller: Walter Navas & Betty Cooper
- Brokers: Gabriel Kates & Sean Mashihi - Block Real Estate Group
- Attorney: Daniel Rabanipour - Rabanipour Law
The key individuals involved in this transaction include sellers Walter Navas and Betty Cooper. The deal was facilitated by brokers Gabriel Kates and Sean Mashihi of Block Real Estate Group, with legal representation by Daniel Rabanipour from Rabanipour Law.
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93