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
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
4.65%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93