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.
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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