facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

333 Irving Ave, Brooklyn, N...

Updated Oct 12, 2026

David Marom Acquires Multifamily Property In Bushwick, Brooklyn For $11.5M
SOLDMultiFamily

David Marom Acquires Multifamily Property In Bushwick, Brooklyn For $11.5M

333 Irving Ave, Brooklyn, NY 11237, USA

$11,500,000

$26/SF

Building Size

440,000 SF

Asset Type

MultiFamily

Closing

Nov 11, 2019

About this deal

AI

333-335 Irving Ave, located in Bushwick, Brooklyn, has been sold in a closed transaction. The multifamily property was recently purchased for a sale price of $11,500,000, slightly under the asking price of $12,000,000. The property spans a total of 44,000 square feet, with a price per square foot of $261. The transaction was facilitated by DJ Johnston of an undisclosed agency.

Summary of Transaction Details

The buyer, David Marom, represented by The Horizon Group, successfully acquired the multifamily property. The site, with dimensions of 200' x 100', is situated on a corner-to-corner plot. The specifics of the developer's plans for the property were not disclosed in the provided information.

On the Map

Open live map

$11,500,000

$26/SF

MultiFamily

View full map

Players

DJ Johnston

Matthews

Broker

$509.5M

vol

108 deals

Broker
B6 Real Estate Advisors
B6 Real Estate AdvisorsBrokerage
David Marom

David Marom

Horizon Group

Buyer

$129.6M

vol

8 deals

Buyer

Joel Fishkind

Seller

$31M

vol

2 deals

Seller
Bilt advertisement

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $26 per square foot on a published $11.5M for 440,000 square feet (2019).

Visit DJ Johnston to view all their deals.

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets