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423 Court Street

Updated Oct 13, 2026

Eden Ashourzadeh Sells Carroll Gardens Multifamily Property For $5.3M
SOLDMultiFamily

Eden Ashourzadeh Sells Carroll Gardens Multifamily Property For $5.3M

423 Court Street

$5,346,458

$1,527/SF

Building Size

3,500 SF

Asset Type

MultiFamily

Closing

Sep 19, 2023

About this deal

AI

The multifamily property located at 423 Court Street in Carroll Gardens, Brooklyn has been sold for a price of $5,346,458. This property consists of 5 units, with a price per unit of $1,069,292. The total square footage of the property is 3,200, making the price per square foot $1,671.

Summary of transaction details

The transaction was facilitated by Ari Harkov of Brown Harris Stevens, who represented the buyer. On the other side, the seller was represented by Derek Bestreich, Luke Sproviero, Adam Lobel, and Toby Waring of Investment Property Realty Group (IPRG). These professionals played a crucial role in ensuring a successful deal between the buyer, Eden Ashourzadeh, and the seller.

On the Map

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$5,346,458

$1,527/SF

MultiFamily

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Players

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$651.3M

vol

151 deals

Broker

Eden Ashourzadeh

Ink Property Group

Seller

$131.4M

vol

45 deals

Seller
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Florence MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.5K per square foot on a published $5.3M for 3,500 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.97%

Cash-on-Cash

-0.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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