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458 Harman Street

Tiburcio Figueroa Sells MultiFamily Property At 458 Harman Street In Brooklyn For $1.675M
SOLDMultiFamily

Tiburcio Figueroa Sells MultiFamily Property At 458 Harman Street In Brooklyn For $1.675M

458 Harman Street

$1,675,000

$418/SF

Building Size

4,000 SF

Asset Type

MultiFamily

Closing

Jul 1, 2026

AI

The property involved in this transaction is a multi-family asset located at 458 Harman Street in Brooklyn. The sale price for this property was $1,675,000, which translates to a price per unit of $558,333, as there are 3 units in total. The total square footage of the asset is 4,000, resulting in a price per square foot of $418.

Summary of transaction details:

The transaction showcases the involvement of Sean Mashihi, Gabriel Kates, and Jason Botesazan from Block Real Estate Group, representing the seller in this deal. Their expertise appears to have played a crucial role in the successful negotiation and sale of the multi-family property, highlighting their presence in the Brooklyn market.

Players

Gabriel Kates
Verified Badge

Gabriel Kates

Block Real Estate Group

Broker

$158.4M

vol

59 deals

Broker

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.47%

Cash-on-Cash

-2.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93