Mordy Getz Purchases MultiFamily Property At 227 Malcolm X Boulevard For $2.095M From Mark Guindi
227 Malcolm X Boulevard
$2,095,000
$420/SF
Building Size
4,983 SF
Asset Type
MultiFamily
Closing
Jan 27, 2021
AI
The property asset involved in the transaction is located at 227 Malcolm X Boulevard in Brooklyn. The asset type is MultiFamily and features a total square footage of 4,983. The sale price for this property was $2,095,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,095,000.00
- Address: 227 Malcolm X Boulevard
- Market: Brooklyn
- Square Footage: 4,983
- Buyer: Mordy Getz
- Seller: Mark Guindi
- Brokers: Joseph Landau, Moshe Goldberger (GFI Realty Services), Moshe Gelbstein (GFI Realty Services), Zachary Fuchs (GFI Realty Services)
The deal involved key individuals and brokerage representation, with Mordy Getz as the buyer and Mark Guindi as the seller. Multiple brokers facilitated the transaction, including Joseph Landau, Moshe Goldberger, Moshe Gelbstein, and Zachary Fuchs, all associated with GFI Realty Services.
Players
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
7.57%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93