Bogdan Siedlecki Sells Multifamily Property At 191 Calyer Street Brooklyn For $2.1M
191 Calyer Street
$2,100,000
$509/SF
Building Size
4,125 SF
Asset Type
MultiFamily
Closing
Jul 16, 2025
AI
The property involved in the transaction is a rent stabilized multifamily asset located at 191 Calyer Street in Brooklyn. The sale price was $2,100,000 for a total of 4,125 square feet across 6 units, resulting in a per unit price of $350,000 and a price per square foot of $509. Three units were delivered vacant at closing, contributing to the asset’s market appeal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Units: 6
- Price Per Unit: $350,000
- Square Footage: 4,125
- Price Per Square Foot: $509
- Seller: Bogdan Siedlecki
- Brokers: Nick Kolbus, Dylan Walsh & Jonathan Squires - Cushman & Wakefield
This sale set a T12 price record in Greenpoint for rent stabilized 6-families, achieving 98% of the asking price. The brokers involved in the deal were Nick Kolbus, Dylan Walsh, and Jonathan Squires from Cushman & Wakefield, representing the seller throughout the transaction.
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93