Nicolas Bazzani And Thea Grant Acquire Multifamily Property In Brooklyn For $2.325M With Seller's Rep Joshua Golan And Adam Sadel
190a Decatur Street
$2,325,000
$850/SF
Building Size
2,735 SF
Asset Type
MultiFamily
Closing
Jul 31, 2025
AI
The asset involved in the transaction is a multifamily property located at 190a Decatur Street in Brooklyn. The sale price was $2,325,000, with a total of 2 units. The property has a total square footage of 2,735 and a price per square foot of $850. The price per unit is $1,162,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,325,000
- Units: 2
- Price Per Unit: $1,162,500
- Square Footage: 2,735
- Price Per Square Foot: $850
- Buyer: Nicolas Bazzani & Thea Grant
- Seller: Ryan Kaydanian & Mitchel Ahdoot
- Seller's Representative: Joshua Golan & Adam Sadel - Compass
The transaction involved buyers Nicolas Bazzani and Thea Grant, while the sellers were Ryan Kaydanian and Mitchel Ahdoot. The deal was represented by Joshua Golan and Adam Sadel from Compass on behalf of the sellers.
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
6.82%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93