facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

217 Thomas S Boyland St, Br...

Updated May 12, 2025

Steven Kachanian Of Klosed Properties Acquires Multifamily In Bedstuy, Brooklyn For $1.5M
SOLDMultiFamily

Steven Kachanian Of Klosed Properties Acquires Multifamily In Bedstuy, Brooklyn For $1.5M

217 Thomas S Boyland St, Brooklyn, NY 11233, USA

Building Size

72,800 SF

Asset Type

MultiFamily

Closing

Mar 26, 2018

About this deal

AI

The property involved in this transaction is a multifamily asset located at 217 Thomas S Boyland Street, New York, in the Bedstuy, Brooklyn market. The transaction was completed at a price of $1,500,000, encompassing a total area of 7,280 square feet. It comprises 8 units, resulting in a price per square foot of $206 and a price per unit of $187,500.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Square Footage: 7,280
  • Address: 217 Thomas S Boyland Street, New York
  • Market: Bedstuy, Brooklyn
  • Units: 8
  • Price per Square Foot: $206
  • Price per Unit: $187,500
  • Seller: Yossi Yaakov
  • Buyer: Steven Kachanian of Klosed Properties

Key individuals in this transaction include Steven Kachanian, representing Klosed Properties as the buyer, and Yossi Yaakov as the seller. This transaction occurs amidst Klosed Properties currently having 12 properties under hard contract.

Players

Jacob Namdar

NH Property Group

Broker

$22.7M

vol

15 deals

Broker
Steven Kachanian

Steven Kachanian

Klosed Properties

Buyer

$118.5M

vol

38 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

Visit Jacob Namdar to view all their deals.

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets