Roni Dotan Of The Corcoran Group Represents Buyer In $1.7M Brooklyn Multifamily Sale
278 Lefferts Avenue
$1,700,000
$532/SF
Building Size
3,192 SF
Asset Type
MultiFamily
Closing
Oct 20, 2025
AI
The transaction involves a multi-family asset located at 278 Lefferts Avenue in the Brooklyn market, with a sale price of $1,700,000. The property consists of 2 units and has a total square footage of 3,192, resulting in a price per unit of $850,000 and a price per square foot of $532.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,700,000
- Units: 2
- Price Per Unit: $850,000
- Square Footage: 3,192
- Price Per Square Foot: $532
- Buyer's Representative: Roni Dotan - The Corcoran Group
- Seller's Representative: Malcolm Louis Adams - Compass
- Date of Transaction: 10/20/2025
Roni Dotan from The Corcoran Group represented the buyer, while Malcolm Louis Adams from Compass represented the seller in this transaction. The deal was completed on October 20, 2025, highlighting the involvement of these two brokerage firms in facilitating the sale.
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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93