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395 Washington Avenue

395 Washington Avenue Multifamily Property Sold For $3,410,000 With Brokers Shlomo Antebi, Yosef Katz & Erik Yankelovich
SOLDMultiFamily

395 Washington Avenue Multifamily Property Sold For $3,410,000 With Brokers Shlomo Antebi, Yosef Katz & Erik Yankelovich

395 Washington Avenue

$3,410,000

$498/SF

Building Size

6,840 SF

Asset Type

MultiFamily

Closing

Jul 2, 2026

AI

The property asset involved in this transaction is a multifamily unit located at 395 Washington Avenue in Brooklyn. The property includes 11 parking spots and comprises a total of 14 units, with a sale price of $3,410,000. The building spans 6,840 square feet, resulting in a price per unit of $243,571 and a price per square foot of $498.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,410,000
  • Units: 14
  • Square Footage: 6,840
  • Price Per Unit: $243,571
  • Price Per Square Foot: $498
  • Market: Brooklyn

The key individuals involved in this transaction are Shlomo Antebi, Yosef Katz, and Erik Yankelovich, representing the brokers from Atlas Realty Group. They played a crucial role in facilitating this sale.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

132 deals

Broker

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.65%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93