Quan Chan Acquires Multifamily Property At 241 Grand Street Brooklyn From Gregory Pasternak For $2.28M
241 Grand Street
$2,275,026
$606/SF
Building Size
3,752 SF
Asset Type
MultiFamily
Closing
Feb 11, 2026
AI
241 Grand Street is a multifamily property located in the Brooklyn market. It was sold for $2,275,026, encompassing a total area of 3,752 square feet, resulting in a price per square foot of $606.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,275,026
- Buyer: Quan Chan
- Seller: Gregory Pasternak
- Brokers: Joshua Malekan & Roy Oskar - Bridge Advisory Group
- Sale Date: 2/11/2026
Bridge Advisory Group, represented by Joshua Malekan and Roy Oskar, successfully closed the transaction after six months on the market, securing the optimal buyer within the first week of engagement. The expedited closing was aligned with the seller’s priority for speed. Roy Oskar has demonstrated consistent execution with multiple transactions since joining the firm four months ago, and Bridge Advisory Group is currently expanding into capital markets and debt advisory, with two senior seats available for experienced sales professionals.
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
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93