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320 Ditmas Avenue

Yoel Zeltzer Purchases 320 Ditmas Avenue Brooklyn Multifamily Property From Nili Cohen For $1.45M
SOLDMultiFamily

Yoel Zeltzer Purchases 320 Ditmas Avenue Brooklyn Multifamily Property From Nili Cohen For $1.45M

320 Ditmas Avenue

$1,450,000

$278/SF

Building Size

5,200 SF

Asset Type

MultiFamily

Closing

Mar 5, 2025

AI

The property asset involved in the transaction is a MultiFamily building located at 320 Ditmas Avenue in Brooklyn. The sale was completed for a price of $1,450,000.00. This asset comprises 6 units and has a total square footage of 5,200.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,450,000.00
  • Address: 320 Ditmas Avenue
  • Market: Brooklyn
  • Units: 6
  • Square Footage: 5,200.0
  • Buyer: Yoel Zeltzer
  • Seller: Nili Cohen

This transaction was facilitated by the representatives involved in the deal. Yoel Zeltzer acted as the buyer, while Nili Cohen was the seller of the property. Each played a key role in bringing the transaction to completion.

Players

Nathaniel Smith

FIND Real Estate

Broker

$35.1M

vol

13 deals

Broker

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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93