The Wilhelm Family Acquires Multifamily In East Flatbush For $2.6M
SOLD
$2,600,000
New York
See Similar DealsMultiFamily20,880 SF
Sold 12/17/2021
SOLD
The Wilhelm Family Acquires Multifamily In East Flatbush For $2.6M
255 East 25th Street, Brooklyn, NY 11226
See Similar DealsMultiFamily20,880 SF
Sold 12/17/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$124
Total Square Footage:20,880 SF
Transaction Type:Sale
The multifamily property located at 255 East 25th Street in East Flatbush has been sold for $2,600,000. The property spans 20,880 square feet, resulting in a price per square foot of $124. The transaction took place on December 17, 2021. The property is zoned as R6.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Address: 255 East 25th Street
- Market: East Flatbush
- Zoning: R6
The buyer in this transaction was The Wilhelm Family, while The Landsberg Family acted as the seller. The deal was facilitated by brokers Matt Fotis and Zachary Cohen from Marcus & Millichap.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
Is there something missing? Send suggestions