facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

180 Huron Street

Updated Dec 4, 2024

Aaron Kahen Acquires Multifamily Property At 180 Huron Street, Greenpoint, Brooklyn From Walter Besser For $2.5M
SOLDMultiFamily

Aaron Kahen Acquires Multifamily Property At 180 Huron Street, Greenpoint, Brooklyn From Walter Besser For $2.5M

180 Huron Street

$2,500,000

$354/SF

Building Size

7,063 SF

Asset Type

MultiFamily

Closing

Dec 8, 2023

About this deal

AI

The property involved in this transaction is a multifamily building located at 180 Huron Street in Greenpoint, Brooklyn. The sale took place on December 8, 2023, with a purchase price of $2,500,000. The building consists of 5 units, resulting in a price per unit of $500,000. It has a total area of 7,063 square feet, equating to a price per square foot of $354.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Units: 5
  • Price per Unit: $500,000
  • Total Square Feet: 7,063
  • Price per Square Foot: $354

The buyer in this transaction is Aaron Kahen, while the seller is Walter Besser. Aaron Kahen has expressed an interest in expanding and is actively looking for properties in the Bronx, Brooklyn, Queens, and Manhattan. It's worth noting that there is a commercial space available for lease nearby at 157 Greenpoint Ave. The space was previously used for medical purposes and offers 1,700 square feet on the ground floor and 1,100 square feet on the lower level. All uses for the space are considered, and interested parties can reach out to Aaron Kahen at [email protected].

Players

Aaron Kahen

KP Developers

Buyer

$14.5M

vol

7 deals

Buyer

Walter Besser

Seller

$5.5M

vol

2 deals

Seller

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $354 per square foot on a published $2.5M for 7,063 square feet (2023).

Visit Aaron Kahen to view all their deals.

Browse Brooklyn multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets