facebook
Traded Co logo
Submit

Robert Yak Acquires Multifamily Property On 223 24th Street, Brooklyn For $1.16M

Property Image
SOLD
$1,160,000

New York

See Similar Deals
MultiFamily4,125 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Robert Yak Acquires Multifamily Property On 223 24th Street, Brooklyn For $1.16M

223 24th Street, South Slope, Brooklyn, NY, USA

See Similar Deals
MultiFamily4,125 SF
Sold
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$281
Total Square Footage:4125 SF
Transaction Type:Sale

Located at 223 24th Street in South Slope, Brooklyn, this multifamily property was recently sold in a closed transaction. The property spans a total of 4,125 square feet, with a selling price of $1,160,000 and a price per square foot of $281. The sale was facilitated by Elli Khafizov from assetcrg, who represented both the seller, Steven Przybyl, and the buyer, Robert Yak.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,160,000
  • Date: 12/28/2018
  • Market: South Slope, Brooklyn
  • Square Footage: 4,125
  • Price per Square Foot: $281

The deal was successfully closed within just two weeks after the contract was signed. Elli Khafizov of assetcrg proved instrumental in representing both parties in this transaction, demonstrating his expertise in the industry.

Players

Elli Khafizov
Atlas Realty Group
Elli Khafizov
10 deals$38.9M volume(212) 419-8067
BROKER

Details

SOLD
IMAGE: Elli Khafizov DATE: 12/28/2018 ADDRESS: 223 24th Street MARKET: South Slope, Brooklyn ASSET TYPE: Multifamily SELLER: Steven Przybyl BUYER: Robert Yak BROKER: Elli Khafizov @assetcrg NOTES: Elli represented both sides in the deal. Closed in 2 weeks after contract signing. SALE PRICE: $1,160,000 SF: 4,125 ~ PPSF: $281

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$61,866.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,121.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,498.99
Annual Debt Service$65,987.90