Updated Sep 25, 2026
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
$3,700,000
$1,218/SF
MultiFamily
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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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93