facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

376 Montgomery Street

Updated Sep 4, 2026

Bilt advertisement
Lichtman Family Acquires Multifamily Property At 376 Montgomery Street For $2.7M With Broker Marcel Fridman
SOLDMultiFamily

Lichtman Family Acquires Multifamily Property At 376 Montgomery Street For $2.7M With Broker Marcel Fridman

376 Montgomery Street

$2,700,000

$310/SF

Building Size

8,700 SF

Asset Type

MultiFamily

Closing

May 29, 2025

About this deal

AI

The property asset involved in the transaction is a multifamily unit located at 376 Montgomery Street in the Crown Heights market. The sale price of the asset was $2,700,000, consisting of 8 units. The total square footage of the property is 8,700, which results in a price per square foot of $310 and a price per unit of $337,500.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,700,000
  • Units: 8
  • Square Footage: 8,700
  • Price per Unit: $337,500
  • Price per Square Foot: $310
  • Buyer: Lichtman Family
  • Seller: Nathan Obtsfeld
  • Broker: Marcel Fridman - Barcel Group
  • Property Status: Fully vacant at closing

This transaction involved significant parties including the Lichtman Family as the buyer and Nathan Obtsfeld as the seller. The representation in this deal was handled by broker Marcel Fridman from Barcel Group, facilitating the transaction between the involved parties.

Players

Marcel Fridman

Barcel Group

Broker

$470.1M

vol

147 deals

Broker

Lichtman Family

Buyer
Buyer

Nathan Obstfeld

Seller

$7.7M

vol

5 deals

Seller

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $310 per square foot on a published $2.7M for 8,700 square feet (2025).

Visit Marcel Fridman 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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets