facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

20 Terrace Place

Marcel Fridman Of Barcel Group Represents Sale Of Brooklyn Multifamily For $6.9M
SOLDMultiFamily

Marcel Fridman Of Barcel Group Represents Sale Of Brooklyn Multifamily For $6.9M

20 Terrace Place

$6,900,000

$300/SF

Building Size

23,000 SF

Asset Type

MultiFamily

Closing

Nov 19, 2025

AI

This multifamily property, located at 20 Terrace Place in the Brooklyn market, was sold for $6,900,000. The asset consists of 24 units and covers a total square footage of 23,000, resulting in a price per unit of $287,500 and a price per square foot of $300.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,900,000
  • Units: 24
  • Square Footage: 23,000
  • Price Per Unit: $287,500
  • Price Per Square Foot: $300

The transaction involved Marcel Fridman from Barcel Group, who acted as the broker in the sale. His representation played a crucial role in facilitating this multifamily property transaction.

Players

Marcel Fridman

Barcel Group

Broker

$451.5M

vol

141 deals

Broker
Barcel Group
Barcel GroupBrokerage

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93