Updated Sep 11, 2026
Simko Aranbaev Purchases Multifamily Property At 230 7th Avenue Brooklyn For $2.3M
230 7th Avenue
$2,300,000
$455/SF
Building Size
5,045 SF
Asset Type
MultiFamily
Closing
Sep 1, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 230 7th Avenue in Brooklyn. It consists of six apartments and one retail space, totaling 5,045 square feet. The sale price of the property was $2,300,000, resulting in a price per unit of $328,571 and a price per square foot of $455.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Number of Units: 7
- Square Footage: 5,045
- Price Per Unit: $328,571
- Price Per Square Foot: $455
- Buyer: Simko Aranbaev
- Seller: Delfino Family
- Broker: John Brennan - Marcus & Millichap
- Market: Brooklyn
The deal was facilitated by broker John Brennan, representing Marcus & Millichap, ensuring successful negotiations between buyer Simko Aranbaev and seller Delfino Family. This transaction highlights the active involvement of market professionals in the localized real estate sector.
Players
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93