Mark Levin And Jake Soodek Acquire Multi Family Property On Menahan Street For $1M
315 Menahan St, Brooklyn, NY 11237, USA
$1,000,000
$205/SF
Building Size
4,875 SF
Asset Type
MultiFamily
Closing
Aug 21, 1918
AI
Located at 315 Menahan Street in Bushwick, Brooklyn, this multi-family property recently closed in a transaction for $1,000,000. The asset spans a total of 4,875 square feet.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $1,000,000
- Address: 315 Menahan Street, Bushwick, Brooklyn
- Market: New York
The seller of this property was Juan Galardo. On the buyer's side, Mark Levin, Jake Soodek, and Hirshmark Capital were involved in the deal. Daniel Hakimian represented the buyer and the Highcap Group served as the brokerage firm.
Players
New York 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93