Koby Talyas Of Investmates Real Estate Acquires Multifamily Property From New Beginning Church For $4.35M
SOLD
$4,350,000
New York
See Similar DealsMultiFamily17,000 SF
Sold 01/17/2025
SOLD
Koby Talyas Of Investmates Real Estate Acquires Multifamily Property From New Beginning Church For $4.35M
199 North 5th Street
See Similar DealsMultiFamily17,000 SF
Sold 01/17/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$255
Total Square Footage:17,000 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 199 North 5th Street in Brooklyn. The sale was finalized at a price of $4,350,000, with a total square footage of 17,000, resulting in a price per square foot of $255.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,350,000
- Address: 199 North 5th Street
- Market: Brooklyn
- Square Footage: 17,000
- Price Per Square Foot: $255
- Buyer: Koby Talyas - Investmates Real Estate
- Seller: New Beginning Church
Key individuals in this transaction include Koby Talyas, who represented Investmates Real Estate in the purchase, and the New Beginning Church, the seller of the property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$232,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,454.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,621.22
Annual Debt Service$247,454.63
Is there something missing? Send suggestions