facebook
Traded Co logo
Submit

Kunal Patnaik Acquires Multifamily Property From The Estate Of John Carlo For $1.86M

Property Image
SOLD
$1,860,000

New York

See Similar Deals
MultiFamily1,360 SF
Sold 07/24/2025
the dealplayerscompscontact
Property Image
SOLD

Kunal Patnaik Acquires Multifamily Property From The Estate Of John Carlo For $1.86M

237 Withers Street

See Similar Deals
MultiFamily1,360 SF
Sold 07/24/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,367
Total Square Footage:1,360 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 237 Withers Street in Brooklyn. The sale price was $1,860,000, which breaks down to a price per unit of $930,000. The total square footage of the property is 1,360, resulting in a price per square foot of $1,367.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,860,000
  • Buyer: Kunal Patnaik
  • Seller: The Estate of John Carlo
  • Broker: Theo Eastwind - Capri Jet Realty
  • Units: 2
  • Square Feet: 1,360
  • Price Per Unit: $930,000
  • Price Per Square Foot: $1,367

This transaction involved Kunal Patnaik as the buyer and The Estate of John Carlo as the seller, facilitated by the brokerage of Theo Eastwind from Capri Jet Realty, representing the interests in the deal.

Players

Theo Eastwind
13 deals$42.1M volume
BROKER

Capri Jet Realty
BROKERAGE

Details

SOLD
IMAGE: Theo Eastwind DATE: 7/24/2025 ADDRESS: 237 Withers Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Kunal Patnaik SELLER: The Estate of John Carlo BROKER: Theo Eastwind (@TheoEastwindRE) - Capri Jet Realty (@CapriJetRealty) SALE PRICE: $1,860,000 UNITS: 2 ~ PPU: $930,000 SF: 1,360 ~ PPSF: $1,367

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$99,199.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,608.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,817.35
Annual Debt Service$105,808.19