Sara Rottenberg & Abe Garbo Purchase Brooklyn Multifamily Property From Russell Carbon For $1.575M
SOLD
$1,575,000
New York
See Similar DealsMultiFamily7,280 SF
Sold 12/18/2025
SOLD
Sara Rottenberg & Abe Garbo Purchase Brooklyn Multifamily Property From Russell Carbon For $1.575M
2324 Bedford Avenue
See Similar DealsMultiFamily7,280 SF
Sold 12/18/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$216
Total Square Footage:7,280 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset located at 2324 Bedford Avenue in Brooklyn. The sale price of the property was $1,575,000, consisting of 10 units. The building has a total square footage of 7,280 with a price per square foot of $216.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,575,000
- Units: 10
- Price Per Unit: $157,500
- Square Footage: 7,280
- Price Per Square Foot: $216
- Buyer: Sara Rottenberg & Abe Garbo - Invest With Us Capital
- Seller: Russell Carbon
The deal was facilitated with an additional $2.5 million loan that includes a construction loan with Shawn Safdie, aimed at converting the building into 10 multifamily apartments.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64
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