Guy Zucker Purchases MultiFamily Property From The Hagood Family For $2.525M In Clinton Hill
41 Putnam Avenue
$2,525,000
$609/SF
Building Size
4,140 SF
Asset Type
MultiFamily
Closing
Aug 21, 2025
AI
The property asset involved in this transaction is a MultiFamily building located at 41 Putnam Avenue in the Clinton Hill neighborhood of Brooklyn. The transaction was finalized for a total amount of $2,525,000. The building consists of 4 units and encompasses a total square footage of 4,140, resulting in a price per unit of $631,250 and a price per square foot of $609.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,525,000
- Units: 4
- Square Footage: 4,140
- Price per Unit: $631,250
- Price per Square Foot: $609
- Buyer: Guy Zucker
- Seller: The Hagood Family
- Brokers: Shaun Riney, Jason Farese & Andrew Bronsteen - Marcus & Millichap
- Date of Transaction: 8/22/2025
The key individuals involved in this deal include the buyer Guy Zucker and the seller, The Hagood Family. The transaction was represented by brokers Shaun Riney, Jason Farese, and Andrew Bronsteen from Marcus & Millichap, ensuring effective communication and facilitation throughout the process.
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
6.28%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93