Sam Herman Purchases Multifamily Property From Christopher Smith In Brooklyn For $1.15M
SOLD
$1,150,000
+ 2
New York
See Similar DealsMultiFamily4,125 SF
Sold 11/18/2025
SOLD
Sam Herman Purchases Multifamily Property From Christopher Smith In Brooklyn For $1.15M
235 Jefferson Street
See Similar DealsMultiFamily4,125 SF
Sold 11/18/2025
+ 2
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$278
Total Square Footage:4,125 SF
Transaction Type:Sale
The multifamily property located at 235 Jefferson Street in Brooklyn was sold for $1,150,000. This asset spans 4,125 square feet and consists of 6 units, which results in a price per unit of $191,666 and a price per square foot of $278.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 235 Jefferson Street
- Market: Brooklyn
- Units: 6
- Square Footage: 4,125
- Price per Unit: $191,666
- Price per Square Foot: $278
- Buyer: Sam Herman
- Seller: Christopher Smith
The deal involved brokers Aaron Jungreis, Ben Khakshoor, Alex Fuchs, and Levi Rotenberg from Rosewood Realty Group, representing the buyer and seller throughout the transaction process.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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