Updated Mar 19, 2025
Amir Zwickel Purchases 471 Clinton Avenue Brooklyn Multifamily Property For $2.4M With Seller's Reps Gabriel Kates And Sean Mashihi
471 Clinton Avenue
$2,400,000
$945/SF
Building Size
2,538 SF
Asset Type
MultiFamily
Closing
Feb 27, 2025
About this deal
AI
The property involved in the transaction is a MultiFamily asset located at 471 Clinton Avenue, Brooklyn. The transaction was completed for a total of $2,400,000.00, encompassing three units and spanning a total square footage of 2,538.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,400,000.00
- Address: 471 Clinton Avenue
- Market: Brooklyn
- Units: 3
- Square Footage: 2,538.0
The deal included Donna James as the seller and Amir Zwickel as the buyer. Gabriel Kates and Sean Mashihi from Block Real Estate Group represented the seller in this transaction.
On the Map
$2,400,000
$945/SF
MultiFamily
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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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93