Mara Chan Purchases Multifamily Property From George Cataudell In Brooklyn For $2.1M
2212 81st Street
$2,100,000
$509/SF
Building Size
4,125 SF
Asset Type
MultiFamily
Closing
Feb 12, 2026
AI
This multifamily property is located at 2212 81st Street in Brooklyn and comprises 3 units. The sale price for the asset was $2,100,000, with a price per unit of $700,000. The property spans a total area of 4,125 square feet, amounting to a price per square foot of $509.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Units: 3
- Square Footage: 4,125
- Price Per Unit: $700,000
- Price Per Square Foot: $509
- Buyer: Mara Chan
- Seller: George Cataudell
- Brokers: Vito Angelo & Billy Apter - Re/Max
- Sale Date: 2/13/2026
Vito Angelo and Billy Apter of Re/Max represented the buyer and seller in this transaction. The agents are noted for being top-producing agents, emphasizing the importance of property value in light of new real estate laws. They encourage potential sellers to assess their property's worth to ensure they receive every dollar deserved. Contact information for the agents includes Vito Angelo at 718-887-5708 and Billy Apter at 347-721-6599 for a free real estate market appraisal.
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93