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235 Sackett Street

Coria Family Sells Multifamily Property At 235 Sackett Street Brooklyn For $4.2M With John Brennan
SOLDMultiFamily

Coria Family Sells Multifamily Property At 235 Sackett Street Brooklyn For $4.2M With John Brennan

235 Sackett Street

$4,200,000

$917/SF

Building Size

4,576 SF

Asset Type

MultiFamily

Closing

Mar 4, 2025

AI

A multi-family property located at 235 Sackett Street in Carroll Gardens, Brooklyn has been sold. The asset features four units and spans a total of 4,576 square feet. The sale price for this property was $4,200,000, translating to a price per unit of $1,050,000 and a price per square foot of $917. This unique building is 22 feet wide and has been owned by the Coria Family for nearly 50 years.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,200,000
  • Units: 4
  • Price Per Unit: $1,050,000
  • Square Footage: 4,576
  • Price Per Square Foot: $917
  • Seller: Coria Family
  • Broker: John Brennan - Marcus & Millichap

The transaction was facilitated by John Brennan, representing the seller, the Coria Family. The sale generated a competitive marketing environment, yielding 10 offers and ultimately securing a deal with a reputable buyer who presented the best terms. For inquiries about similar opportunities in Brooklyn, interested parties can contact the broker at 718-475-4373.

Players

John Brennan

Marcus & Millichap

Broker

$187.6M

vol

73 deals

Broker

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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93