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2750 East 26th Street, Broo...

Updated Dec 20, 2023

Rahmatjon Akhmedov Acquires Sheepshead Bay Multifamily For $1.2M
SOLDMultiFamily

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.

Players

Jeff Reyngach

Compass

Broker

$14.2M

vol

6 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $285 per square foot on a published $1.2M for 4,200 square feet (2022).

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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

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