Updated Sep 25, 2025
Carlos & Judy Holland Sell Multifamily Asset At 196 Saint Marks Avenue Brooklyn For $3.36M
196 Saint Marks Avenue
$3,360,000
$739/SF
Building Size
4,543 SF
Asset Type
MultiFamily
Closing
Sep 18, 2025
About this deal
AI
The property involved in this transaction is a multifamily asset located at 196 Saint Marks Avenue in Brooklyn. The sale price was $3,360,000, with a total of 4 units. The property encompasses 4,543 square feet, resulting in a price per unit of $840,000 and a price per square foot of $739.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,360,000
- Units: 4
- Square Footage: 4,543
- Price per Unit: $840,000
- Price per Square Foot: $739
- Seller: Carlos & Judy Holland
- Brokers: Gabriel Kates & Sean Mashihi - Block Real Estate Group
- Date of Sale: 9/19/2025
Key individuals in this transaction include brokers Gabriel Kates and Sean Mashihi, who represented the sellers, Carlos and Judy Holland. They are affiliated with Block Real Estate Group, which facilitated the deal.
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
4.72%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93