Updated Dec 20, 2023
Rahmatjon Akhmedov Acquires Sheepshead Bay Multifamily For $1.2M
2750 East 26th Street, Brooklyn, New York 11235, United States
$1,200,000
$285/SF
Building Size
4,200 SF
Asset Type
MultiFamily
Closing
Mar 16, 2022
About this deal
AI
Rahmatjon Akhmedov has purchased a multifamily property located at 2750 East 26th in Sheepshead Bay, Brooklyn. The property, comprising three units and spanning 4,200 square feet, was sold by Eda Goldman. The transaction was facilitated by broker Jeff Reyngach from Compass. The sale price for this property was $1,200,000, resulting in a price per unit of $400,000. The price per square foot is approximately $285.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 2750 East 26th, Sheepshead Bay, Brooklyn
- Market: Sheepshead Bay, Brooklyn
- Buyer: Rahmatjon Akhmedov
- Seller: Eda Goldman
- Broker: Jeff Reyngach (Belisario Cruz Reyn) - Compass
- Units: 3
- Price per Unit: $400,000
- Square Footage: 4,200
- Price per Square Foot: $285
This transaction provides an opportunity for Rahmatjon Akhmedov to acquire a multifamily property in Sheepshead Bay, Brooklyn. Eda Goldman served as the seller, while broker Jeff Reyngach, representing Compass, facilitated the deal. With a total of three units and a spacious 4,200 square feet of living space, this property offers potential for diverse rental income. The buyer was able to secure this property for a sale price of $1,200,000, with each unit priced at $400,000.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93