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Todd Rose Acquires Multifamily Property From Robert Troch In Brooklyn For $3.75M

Property Image
SOLD
$3,750,000

New York

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MultiFamily4,750 SF
Sold 03/04/2025
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Property Image
SOLD

Todd Rose Acquires Multifamily Property From Robert Troch In Brooklyn For $3.75M

246 Washington Avenue

See Similar Deals
MultiFamily4,750 SF
Sold 03/04/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$789
Total Square Footage:4,750 SF
Transaction Type:Sale

The multifamily asset located at 246 Washington Avenue, Brooklyn, was sold for $3,750,000. This property includes a total of 5 units with a price per unit of $750,000. The overall square footage of the property is 4,750, resulting in a price per square foot of $789.

Summary of transaction details:

The brokers for this transaction are Jerry Minsky and Jason Abrishami from Douglas Elliman, who bring a collective experience of 46 years to the table. They have achieved over $38.5 million in contracts and closings last year, and have already secured $12 million in signed contracts in the first quarter of 2025, reflecting their strategic market approach.

Players

 Jason Abrishami
6 deals$13.3M volume(516) 238-3520
BROKER

Jerry Minsky
Douglas Elliman
6 deals$13.3M volume(917) 301-1604
BROKER

Details

SOLD
IMAGE: Jerry Minsky & Jason Abrishami DATE: 03/04/2025 ADDRESS: 246 Washington Avenue MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Todd Rose SELLER: Robert Troch BROKERS: Jerry Minsky & Jason Abrishami (@MinskyAbrishamiTeam) - Douglas Elliman (@DouglasElliman) SALE PRICE: $3,750,000 UNITS: 5 ~ PPU: $750,000 SF: 4,750 ~ PPSF: $789 NOTE FROM BROKER: The MINSKY | ABRISHAMI Team at Douglas Elliman offers unparalleled market expertise and a distinguished track record of success. With 46 years of combined experience and over $38.5 million in contracts and closings last year, we have already achieved $12 million in signed contracts in Q1 2025—a testament to our strategic approach and deep market insight. Whether you are considering selling your property or expanding your investment portfolio, our team is committed to delivering tailored solutions that maximize value and drive results. 📩 Contact us to discuss how we can help you navigate the market with confidence. E: [email protected] & [email protected] P: 347.381.4168 (Jerry) & 347.381.4168 (Jason)

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96