Updated Dec 4, 2024
Mosha Mann Acquires East Flatbush Multifamily For $3.1M
3421 Snyder Avenue & East 35th Street
$3,100,000
$81/SF
Building Size
18,965 SF
Asset Type
MultiFamily
Closing
Sep 29, 2023
About this deal
AI
Mosha Mann has purchased three residential walkup buildings in East Flatbush, Brooklyn for a total of $3.1 million. The properties, located at 3421 Snyder Avenue and East 35th Street, boast a combined total of 18,965 square feet of built space. The sale price per built square foot amounts to $163.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Address: 3421 Snyder Avenue & East 35th Street
- Market: East Flatbush, Brooklyn
- SF: 18,965
- PPSF: $163
In this deal, Mosha Mann acted as the buyer, while Zalmen Wagschal served as the seller. The transaction marks an important acquisition for Mann, further expanding their real estate portfolio.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Brooklyn multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93