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230 7th Avenue

Updated Sep 11, 2026

Bilt advertisement
Simko Aranbaev Purchases Multifamily Property At 230 7th Avenue Brooklyn For $2.3M
SOLDMultiFamily

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:

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

John Brennan

Marcus & Millichap

Broker

$193.1M

vol

76 deals

Broker

Simko Aranbaev

Buyer

$2.3M

vol

1 deal

Buyer

Delfino family

Seller

$9.2M

vol

3 deals

Seller

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $455 per square foot on a published $2.3M for 5,045 square feet (2026).

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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

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