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190a Decatur Street

Nicolas Bazzani And Thea Grant Acquire Multifamily Property In Brooklyn For $2.325M With Seller's Rep Joshua Golan And Adam Sadel
SOLDMultiFamily

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

Joshua Golan

Compass

Broker

$4.7M

vol

2 deals

Broker
Compass
CompassBrokerage

Ryan Kaydanian

Seller

$3.5M

vol

3 deals

Seller

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