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Lawrence Baudert Acquires Multifamily Property At 219 Covert Street From David Malkoukian Jonathan Anobian Fred Rahimian For $2.15M

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SOLD
$2,150,000

New York

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MultiFamily3,000 SF
Sold 05/05/2025
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Property Image
SOLD

Lawrence Baudert Acquires Multifamily Property At 219 Covert Street From David Malkoukian Jonathan Anobian Fred Rahimian For $2.15M

219 Covert Street

See Similar Deals
MultiFamily3,000 SF
Sold 05/05/2025
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$716
Total Square Footage:3,000 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 219 Covert Street in Brooklyn, classified as a multifamily asset. It features a sale price of $2,150,000 and has a total square footage of 3,000, which translates to a price per square foot of $716.

Summary of transaction details:

David Malkoukian and Jonathan Anobian, the sellers, were the original purchasers of the property and have resold it. They are actively seeking new projects and invite brokers and sellers to bring off-market opportunities for future transactions.

Players

David Malkoukian
David Malkoukian
2 deals$3.3M volume
SELLER

Details

SOLD
IMAGE: David Malkoukian & Jonathan Anobian DATE: 5/5/2025 ADDRESS: 219 Covert Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Lawrence Baudert SELLER: David Malkoukian, Jonathan Anobian (@Jonathan.Anobian) & Fred Rahimian SALE PRICE: $2,150,000 SF: 3,000 ~ PPSF: $716 NOTE FROM SELLER: David Malkoukian & Jonathan Anobian were the original purchasers and resold the property. We're actively looking for our next project- if you got a deal, we want to see it. Brokers and Sellers, bring us your off-market opportunities and lets close the next one together.

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Debt Service Coverage Ratio (DSCR)

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