Updated Oct 15, 2026
Robert And Nina Kaufelt Acquire Multifamily Property From Jean Daniel Hertzog For $11M In Brooklyn
25 Pierrepont St & 161 Columbia Hts
$11,000,000
$466/SF
Building Size
11,780 SF
Asset Type
MultiFamily
Closing
Jul 18, 2017
About this deal
AI
The property involved in the transaction is a MultiFamily asset located at 25 Pierrepont St in Brooklyn. The sale price for the property was $11,000,000.00, and it encompasses a total area of 11,780 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $11,000,000.00
- Address: 25 Pierrepont St
- Market: Brooklyn
- Square Footage: 11,780.0
- Buyer: Robert and Nina Kaufelt
- Seller: Jean Daniel Hertzog
- Brokers: Erik Yankelovich (Atlas Realty Group), Isaac Moskowitz, Yosef Katz (Atlas Realty Group), Shlomo Antebi (Atlas Realty Group)
The individuals involved in this transaction include the buyers, Robert and Nina Kaufelt, who are acquiring the property from Jean Daniel Hertzog. The transaction was facilitated by brokers Erik Yankelovich, Yosef Katz, and Shlomo Antebi from Atlas Realty Group, with additional participation from Isaac Moskowitz.
On the Map
$11,000,000
$466/SF
MultiFamily
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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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93