Updated Oct 15, 2026
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:
- Property Type: MultiFamily
- Transaction Amount: $1,625,000.00
- Address: 349 58th St
- Market: Brooklyn
- Square Footage: 6,916.0
- Buyer: Hyman Schattner
- Seller: Fei Jeng
- Brokers: Nate Pilchick (Atlas Realty Group), Shlomo Antebi (Atlas Realty Group), Yosef Katz (Atlas Realty Group), Isaac Moskowitz
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.
On the Map
$1,625,000
$235/SF
MultiFamily
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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
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93