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
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