facebook
Traded Co logo
Submit

Claire Parker Buys Multifamily Property At 402 Van Siclen Avenue From Adebayo O. Adefope For $950,000

Property Image
SOLD
$950,000

New York

See Similar Deals
MultiFamily2,000 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Claire Parker Buys Multifamily Property At 402 Van Siclen Avenue From Adebayo O. Adefope For $950,000

402 Van Siclen Avenue

See Similar Deals
MultiFamily2,000 SF
Sold
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$475
Total Square Footage:2000 SF
Transaction Type:Sale

A multifamily property located at 402 Van Siclen Avenue in Brooklyn was sold for $950,000. The asset includes 2 units with a total square footage of 2,000, resulting in a price per unit of $475,000 and a price per square foot of $475.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $950,000
  • Buyer: Claire Parker
  • Seller: Adebayo O. Adefope
  • Seller's Representative: Anthony L. Morris & Lisa James - The Corcoran Group
  • Units: 2
  • Square Footage: 2,000
  • Price Per Unit: $475,000
  • Price Per Square Foot: $475

The transaction was facilitated by Anthony L. Morris and Lisa James, who represented the seller, Adebayo O. Adefope, during the sale process. Their involvement played a crucial role in the transaction of the multifamily asset.

Players

Anthony L. Morris
6 deals$6.7M volume(646) 523-5711
BROKER

Lisa James
The Corcoran Group
5 deals$5.7M volume(347) 512-9974
BROKER

Details

SOLD
IMAGE: Anthony L. Morris & Lisa James DATE: 1/21/2026 ADDRESS: 402 Van Siclen Avenue MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Claire Parker SELLER: Adebayo O. Adefope SELLER'S REP: Anthony L. Morris (@MorrisTeamatCorcoran) & Lisa James (@MyBestBKRealtor) - The Corcoran Group (@TheCorcoranGroup) SALE PRICE: $950,000 UNITS: 2 ~ PPU: $475,000 SF: 2,000 ~ PPSF: $475

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$50,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,375.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,503.48
Annual Debt Service$54,041.82