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234 Schenectady Avenue, Bro...

Updated Dec 21, 2023

Yossi Hackner Acquires Multifamily Property In Crown Heights For $1.04M
SOLDMultiFamily

Yossi Hackner Acquires Multifamily Property In Crown Heights For $1.04M

234 Schenectady Avenue, Brooklyn, New York 11213, United States

$1,040,000

$173/SF

Building Size

6,006 SF

Asset Type

MultiFamily

Closing

Jan 6, 2022

About this deal

AI

A multifamily property located at 234 Schenectady Ave. in Crown Heights has been sold. The property is zoned as R6 and consists of 6,006 square feet. The sale took place on January 6, 2022, with a sale price of $1,040,000. The property has 6 units, making the price per unit $173,333. The price per square foot is $173.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,040,000
  • Address: 234 Schenectady Ave., Crown Heights
  • Market: Crown Heights

The buyer of the property is Yossi Hackner. Marcel Fridman from Barcel Group represented the buyer as the broker in this transaction.

On the Map

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$1,040,000

$173/SF

MultiFamily

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Players

Marcel Fridman

Barcel Group

Broker

$470.1M

vol

147 deals

Broker
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $173 per square foot on a published $1M for 6,006 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.25%

Cash-on-Cash

-4.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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