Robert & Bonnie Ginsberg Acquire Multifamily Property In Brooklyn For $1,960,000 With Re/Max Representatives
272 77th Street
$1,960,000
$908/SF
Building Size
2,158 SF
Asset Type
MultiFamily
Closing
Mar 9, 2026
AI
The property involved in this transaction is a multifamily asset located at 272 77th Street in Brooklyn. It consists of 3 units and covers a total square footage of 2,158. The sale price of the property was $1,960,000, resulting in a price per unit of $653,333 and a price per square foot of $908.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,960,000
- Units: 3
- Square Footage: 2,158
- Price Per Unit: $653,333
- Price Per Square Foot: $908
- Buyer: Robert & Bonnie Ginsberg
- Seller: Biwei Li & Tianyu Li
- Buyer's Representative: Billy Apter - Re/Max
- Seller's Representative: Vito Angelo - Re/Max
This transaction involved Robert and Bonnie Ginsberg as the buyers, while Biwei Li and Tianyu Li acted as the sellers. The deal was facilitated by representatives from Re/Max, with Billy Apter representing the buyers and Vito Angelo representing the sellers. A note from the seller's representative emphasized their status as top producing agents and encouraged homeowners to explore the potential value of their properties.
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
8.09%
Cash-on-Cash
-2.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93