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349 58th St

Updated Oct 15, 2026

Hyman Schattner Purchases Multifamily Property At 349 58th St Brooklyn For $1.625M
SOLDMultiFamily

Hyman Schattner Purchases Multifamily Property At 349 58th St Brooklyn For $1.625M

349 58th St

$1,625,000

$235/SF

Building Size

6,916 SF

Asset Type

MultiFamily

Closing

Mar 13, 2017

About this deal

AI

The property asset involved in this transaction is a MultiFamily building located at 349 58th St in Brooklyn. The sale price for the property was $1,625,000.00, and it encompasses a total square footage of 6,916.0 square feet.

Summary of transaction details:

The transaction featured key individuals in the real estate sector, with Hyman Schattner acting as the buyer and Fei Jeng as the seller. The brokerage firm representing the sellers included Nate Pilchick, Shlomo Antebi, and Yosef Katz, all from Atlas Realty Group, with Isaac Moskowitz also involved in the deal.

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$1,625,000

$235/SF

MultiFamily

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Players

Yosef Katz

Atlas Realty Group

Broker

$1.1B

vol

146 deals

Broker

Hyman Schattner

Buyer

$13.8M

vol

1 deal

Buyer

Fei Jeng

Seller
Seller
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $235 per square foot on a published $1.6M for 6,916 square feet (2017).

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Browse Brooklyn multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.76%

Cash-on-Cash

-2.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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