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225 Brooklyn Avenue

James Grasso Of Cohabs Purchases Multifamily Property From The Roman Catholic Church For $3.815M
SOLDMultiFamily

James Grasso Of Cohabs Purchases Multifamily Property From The Roman Catholic Church For $3.815M

225 Brooklyn Avenue

$3,750,000

$327/SF

Building Size

11,460 SF

Asset Type

MultiFamily

Closing

Sep 24, 2025

AI

The property involved in this transaction is a multifamily asset located at 225 Brooklyn Avenue in Brooklyn. The sale price was $3,815,000, with a total square footage of 11,460 and a price per square foot of $333.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,815,000
  • Address: 225 Brooklyn Avenue
  • Market: Brooklyn
  • Square Footage: 11,460
  • Price per Square Foot: $333
  • Buyer: James Grasso - Cohabs
  • Seller: The Roman Catholic Church - Reverend Frank Black
  • Buyer's Representative: Zalman Yarmush - Yarmush Investment Group

The key participants in this transaction include the buyer James Grasso, representing Cohabs, and the seller Reverend Frank Black of The Roman Catholic Church. The buyer's representative in the deal is Zalman Yarmush from Yarmush Investment Group, who facilitated the transaction.

Players

Zalman Yarmush

Yarmush Investment Group

Broker

$90.8M

vol

25 deals

Broker
James Grasso

James Grasso

Cohabs

Buyer

$39.6M

vol

11 deals

Buyer

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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93