HDGS Group Realty Acquires East Flatbush Multifamily For $1.55M

The multifamily property located at 476 East 95th Street in East Flatbush, Brooklyn was recently sold. The sale was completed on July 23, 2018. The property, owned by Selah Realty, was purchased by HDGS Group Realty, represented by Sol Dayan. The transaction was facilitated by Alpha Realty, with Lev Mavashev acting as the broker.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,550,000
• Units: 8
• Price per unit (PPU): $193,750
• Square footage (SF): 7,760
• Price per square foot (PPSF): $199

It is worth noting that HDGS Group Realty assumed a mortgage of 75% loan-to-value (LTV) at an interest rate of 3.7%.

This transaction highlights the successful acquisition of the multifamily property by HDGS Group Realty, led by Sol Dayan. The property, consisting of 8 units and encompassing 7,760 square feet, was purchased for a total amount of $1,550,000. The price per unit was $193,750, and the price per square foot was $199. The deal was facilitated by Alpha Realty, with Lev Mavashev acting as the broker. HDGS Group Realty assumed a mortgage with a 75% loan-to-value ratio at an interest rate of 3.7%.