Updated Sep 23, 2026
Shlomo Antebi, Erik Yankelovich & Yosef Katz Of Atlas Realty Group Complete Sale Of Multifamily In Brooklyn For $1.55M
464 Prospect Avenue
$1,550,000
$215/SF
Building Size
7,200 SF
Asset Type
MultiFamily
Closing
Sep 10, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily unit located at 464 Prospect Avenue in Brooklyn. The sale price was $1,550,000, encompassing 8 units within a total square footage of 7,200, resulting in a price per unit of $193,750 and a price per square foot of $215.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Units: 8
- Square Footage: 7,200
- Price Per Unit: $193,750
- Price Per Square Foot: $215
- Date of Transaction: 09/10/2026
- Address: 464 Prospect Avenue
- Market: Brooklyn
The deal was facilitated by brokers Shlomo Antebi, Erik Yankelovich, and Yosef Katz, representing the seller through their affiliation with Atlas Realty Group. Their involvement was crucial in the successful completion of the transaction.
On the Map
$1,550,000
$215/SF
MultiFamily
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Brooklyn MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93