Updated Apr 21, 2026
Estefania Knight Acquires Multifamily Portfolio In Brooklyn And Manhattan For $21.13M From David Barse
2400 Nostrand Avenue, 509 West 155th Street & 115 East 21st Street
$21,127,511
$24/SF
Building Size
284,346 SF
Asset Type
MultiFamily
Closing
Apr 20, 2026
About this deal
AI
Estefania Knight acquired a three-building multifamily portfolio spanning Brooklyn and Manhattan from David Barse for $21.1 million. The properties are located at 2400 Nostrand Avenue, 509 West 155th Street, and 115 East 21st Street. The total asset encompasses 284,346 square feet, with an average price per square foot of $74.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $21,127,511
- Buyer: Estefania Knight
- Seller: David Barse
- Market: Brooklyn & Manhattan
- Square Footage: 284,346
- Price per Square Foot: $74
This transaction highlights the involvement of investor Estefania Knight, who has expanded her portfolio through this significant acquisition. David Barse, the seller, facilitated this transaction, marking an important movement in the multifamily market across two major areas.
On the Map
$21,127,511
$24/SF
MultiFamily
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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
0.75%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93