Updated Aug 11, 2026
Romavali Devi LLC Purchases Multifamily Property At 35 Irving Place In Clinton Hill For $5,350,000
35 Irving Place
$5,350,000
$2,643/SF
Building Size
2,024 SF
Asset Type
MultiFamily
Closing
Jul 23, 2026
About this deal
AI
A multifamily property located at 35 Irving Place in Clinton Hill, Brooklyn, was sold for $5,350,000. The asset spans 2,024 square feet, translating to a sale price of $2,643 per square foot, which indicates a high valuation for the neighborhood's multifamily market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,350,000
- Address: 35 Irving Place
- Market: Clinton Hill, Brooklyn
- Square Footage: 2,024
- Price per Square Foot: $2,643
- Buyer: Romavali Devi LLC
- Seller: Todd Schwartz
Todd Schwartz completed the sale of the property to Romavali Devi LLC, facilitating the transaction in the multifamily real estate sector within Brooklyn.
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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93