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333 Vernon Avenue

Kohn Family Acquires 333 Vernon Avenue Multifamily From Hakim Family For $1.5M
SOLDMultiFamily

Kohn Family Acquires 333 Vernon Avenue Multifamily From Hakim Family For $1.5M

333 Vernon Avenue

$1,500,000

$307/SF

Building Size

4,875 SF

Asset Type

MultiFamily

Closing

Feb 24, 2026

AI

A multi-family property located at 333 Vernon Avenue in Bedford-Stuyvesant, Brooklyn was sold. The asset consists of 6 units and spans a total of 4,875 square feet. The sale price reached $1,500,000, resulting in a price per unit of $250,000 and a price per square foot of $307. The property is fully occupied and is 100% rent-stabilized.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,500,000
  • Buyer: Kohn Family
  • Seller: Hakim Family
  • Units: 6
  • Square Feet: 4,875
  • Price Per Unit: $250,000
  • Price Per Square Foot: $307
  • Date of Transaction: 2/24/2026
  • Brokers: Eli Shayesteh & Eli Arshadnia - Rosewood Realty Group

The deal was facilitated by brokers Eli Shayesteh and Eli Arshadnia from Rosewood Realty Group, who specialize in off-market transactions in New York City. This sale represents their efforts in sourcing and facilitating such deals, with a focus on rent-stabilized buildings.

Players

Eli Shayestehpour

Rosewood Realty Group

Broker

$88.1M

vol

14 deals

Broker

Kohn Family

Buyer

$6.3M

vol

3 deals

Buyer

Hakim Family

Seller

$93.3M

vol

4 deals

Seller

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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93