Updated Oct 30, 2026
Nachuma Rosenberg Acquires MultiFamily Property In Brooklyn From Joe Sarris For $2,300,000
3514 12th Avenue
$2,300,000
$718/SF
Building Size
3,200 SF
Asset Type
MultiFamily
Closing
Oct 20, 2026
About this deal
AI
The multi-family property located at 3514 12th Avenue in Brooklyn has been sold for $2,300,000. This asset comprises four units and spans a total area of 3,200 square feet, translating to a price per unit of $575,000 and a price per square foot of $718.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,300,000
- Units: 4
- Square Footage: 3,200
- Price Per Unit: $575,000
- Price Per Square Foot: $718
- Buyer: Nachuma Rosenberg
- Seller: Joe Sarris
- Broker Representatives: Vito Angelo & Billy Apter - Re/Max
This transaction involves Nachuma Rosenberg as the buyer acquiring the property from seller Joe Sarris, facilitated by broker representatives Vito Angelo and Billy Apter of Re/Max, who are part of Brooklyn’s longest-running award-winning team. For inquiries related to buying or selling, Vito Angelo can be contacted at 718-887-5708, and Billy Apter at 347-721-6599.
On the Map
$2,300,000
$718/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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93