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.
On the Map
$5,350,000
$2,643/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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93