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444 15th Street

Alex Rabin & David Gomez Acquire Multifamily Property In Park Slope For $3.1M
SOLDMultiFamily

Alex Rabin & David Gomez Acquire Multifamily Property In Park Slope For $3.1M

444 15th Street

$3,100,000

$364/SF

Building Size

8,500 SF

Asset Type

MultiFamily

Closing

Dec 29, 2023

AI

A multifamily property located at 444 15th Street in Park Slope, Brooklyn has been sold in a closed transaction. The property consists of 8 units with a total area of 8,600 square feet. The sale price for the property was $3,100,000, resulting in an average price per unit of $387,500 and a price per square foot of $360.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,100,000
  • Units: 8
  • Price per Unit: $387,500
  • Square Footage: 8,600
  • Price per Square Foot: $360
  • Address: 444 15th Street, Park Slope, Brooklyn

The buyer of the property was Alex Rabin and David Gomez from Peak Capital, while the seller was Marcel Fridman.

Players

Marcel Fridman

Barcel Group

Broker

$451.5M

vol

141 deals

Broker
David Gomez

David Gomez

Buyer

$402.3M

vol

71 deals

Buyer
Marcel Fridman

Marcel Fridman

Seller

$451.5M

vol

141 deals

Seller

Market 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

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93