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192 Stuyvesant Avenue, Broo...

Guy Poleg Acquires Multifamily Property In Bedford-Stuyvesant For $3.5M
SOLDMultiFamily

Guy Poleg Acquires Multifamily Property In Bedford-Stuyvesant For $3.5M

192 Stuyvesant Avenue, Brooklyn, New York 11221, United States

$3,500,000

$442/SF

Building Size

7,907 SF

Asset Type

MultiFamily

Closing

Dec 2, 2021

AI

Located in Bedford-Stuyvesant, the property at 192 Stuyvesant has recently been sold. This multifamily asset features 8 units spread across a total area of 7,909 square feet. The sale price for this transaction was $3,500,000, resulting in a price per unit of $437,500 and a price per square foot of $442.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Address: 192 Stuyvesant
  • Market: Bedford-Stuyvesant

The buyer for this property is Guy Poleg, while the seller is Avi Sababa. The transaction was facilitated by Lenny Sporn from Sporn Group LLC and Shai Bernstein from Douglas Elliman. Their expertise and representation played a crucial role in the deal's success.

Players

Lenny Sporn

Sporn Group

Broker

$336.1M

vol

11 deals

Broker

New York 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93