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291 Baltic Street

Updated Sep 25, 2026

Eli Scharf Of Habitat Living NYC Acquires MultiFamily Property From Jeffrey Thomas For $3.7M
SOLDMultiFamily

Eli Scharf Of Habitat Living NYC Acquires MultiFamily Property From Jeffrey Thomas For $3.7M

291 Baltic Street

$3,700,000

$1,218/SF

Building Size

3,036 SF

Asset Type

MultiFamily

Closing

Sep 10, 2026

About this deal

AI

291 Baltic Street is a multi-family property located in the Brooklyn market, featuring 3,036 square feet and comprising two units. Recently, the property was sold for $3,700,000, resulting in a price per unit of $1,850,000 and a price per square foot of $1,218.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,700,000
  • Address: 291 Baltic Street
  • Market: Brooklyn
  • Units: 2
  • Square Footage: 3,036
  • Price Per Unit: $1,850,000
  • Price Per Square Foot: $1,218
  • Buyer: Eli Scharf - Habitat Living NYC
  • Seller: Jeffrey Thomas
  • Broker: Roi Azoulay - Compass

Roi Azoulay of Compass represented the seller in this transaction. Azoulay is licensed in both New York and New Jersey and has over 20 years of experience in the field, specializing in Brooklyn multifamily and investment properties.

On the Map

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$3,700,000

$1,218/SF

MultiFamily

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Players

Roi Azoulay
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Roi Azoulay

Compass

Broker
Broker

Eli Scharf

Habitat Living NYC

Buyer

$23.8M

vol

4 deals

Buyer

Jeffrey Thomas

Seller

$35M

vol

2 deals

Seller
Bilt advertisement

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $3.7M for 3,036 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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