Sam Herman Purchases Multifamily Property From Christopher Smith In Brooklyn For $1.15M
235 Jefferson Street
$1,150,000
$278/SF
Building Size
4,125 SF
Asset Type
MultiFamily
Closing
Nov 17, 2025
AI
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
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93