Updated Dec 21, 2023
Chad Kurland Acquires Multifamily Property On 445 Rogers Avenue, Brooklyn For $2.55M
445 Rogers Avenue, Brooklyn, NY 11225, USA
$2,550,000
$372/SF
Building Size
6,840 SF
Asset Type
MultiFamily
Closing
Apr 13, 2021
About this deal
AI
445 Rogers Avenue in Prospect Lefferts Gardens, Brooklyn has been sold in a closed transaction. The property is a multifamily asset with a total square footage of 6,840. The sale was finalized on April 14, 2021, with a sale price of $2,550,000, resulting in a price per square foot of $372.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Address: 445 Rogers Avenue
- Market: Prospect Lefferts Gardens, Brooklyn
The buyer in this transaction is Chad Kurland, while the seller is Morty Kozak. Representing the deal were Derek Bestreich, Steve Reynolds, and Tom Reynolds from Bestreich Realty Group.
On the Map
$2,550,000
$372/SF
MultiFamily
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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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93