Updated Dec 20, 2023
Victor Tawil Acquires Multifamily Property In Prospect Lefferts Gardens For $27.3M
1930 Bedford Ave, Brooklyn, NY 11225, USA
$27,300,000
$558/SF
Building Size
48,861 SF
Asset Type
MultiFamily
Closing
Jun 25, 2020
About this deal
AI
The multifamily property located at 1930 Bedford Avenue in Prospect Lefferts Gardens was sold on June 26, 2020. The property spans 48,861 square feet and has a building square footage (BSF) of 26,385. The sale price for the property was $27,300,000, resulting in a price per square foot (PPSF) of $558.
Summary of transaction details
- Property Type: Multifamily
- Sale Date: 06/26/2020
- Address: 1930 Bedford Avenue
- Market: Prospect Lefferts Gardens
- Buyer: Victor Tawil
- Seller: Nik Lavrinoff
- Price: $27,300,000
- BSF: 26,385
- SF: 48,861
- PPSF: $558
Victor Tawil acted as the buyer in this transaction, while Nik Lavrinoff was the seller.
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
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93