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
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