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3514 12th Avenue

Updated Oct 30, 2026

Nachuma Rosenberg Acquires MultiFamily Property In Brooklyn From Joe Sarris For $2,300,000
SOLDMultiFamily

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:

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.

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$2,300,000

$718/SF

MultiFamily

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Players

Vito Angelo

Re/Max

Broker

$95M

vol

47 deals

Broker

Nachuma Rosenberg

Buyer

$2.3M

vol

1 deal

Buyer

Joe Sarris

Seller

$2.3M

vol

1 deal

Seller
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $718 per square foot on a published $2.3M for 3,200 square feet (2026).

Visit Vito Angelo to view all their deals.

Browse Brooklyn multifamily sales on Traded.

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

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