Updated Aug 21, 2026
Aiman Kahn Purchases MultiFamily At 418 Chauncey Street Brooklyn From Conyers For $1.2M
418 Chauncey Street
$1,200,000
$461/SF
Building Size
2,598 SF
Asset Type
MultiFamily
Closing
Jul 31, 2026
About this deal
AI
The property asset involved in this transaction is a MultiFamily building located at 418 Chauncey Street in Brooklyn. The sale price for this property was $1,200,000, consisting of 3 units, which translates to a price per unit of $400,000. The building encompasses a total square footage of 2,598, resulting in a price per square foot of $461.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,200,000
- Units: 3
- Price Per Unit: $400,000
- Square Footage: 2,598
- Price Per Square Foot: $461
- Buyer: Aiman Kahn
- Seller: Conyers
- Broker: Nadia Barnes - EXP Realty
The key individuals involved in the transaction include the buyer Aiman Kahn and the seller Conyers, with representation by broker Nadia Barnes from EXP Realty. This sets the foundations of the agreement with all parties engaged in the closing of the 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93