facebook
Traded Co logo
Submit

Katz Family Acquires Multifamily Property From Solomon Family For $1.25M In Brooklyn

Property Image
SOLD
$1,250,000

New York

See Similar Deals
MultiFamily14,232 SF
Sold 09/17/2025
the dealplayerscompscontact
Property Image
SOLD

Katz Family Acquires Multifamily Property From Solomon Family For $1.25M In Brooklyn

507 East 93rd Street

See Similar Deals
MultiFamily14,232 SF
Sold 09/17/2025
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$87
Total Square Footage:14,232 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 507 East 93rd Street in Brooklyn. The sale price for the asset was $1,250,000. The property comprises 16 units, with a price per unit of $78,125. It has a total square footage of 14,232 and a price per square foot of $87.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Address: 507 East 93rd Street
  • Market: Brooklyn
  • Units: 16
  • Price Per Unit: $78,125
  • Square Footage: 14,232
  • Price Per Square Foot: $87
  • Buyer: Katz Family
  • Seller: Solomon Family
  • Broker: Zalman Yarmush - Yarmush Investment Group

Zalman Yarmush represented the seller in this transaction. The Yarmush Group specializes in selling rent stabilized buildings, mixed-use buildings, and development properties. They are available for discussions regarding additional properties for sale and complimentary property evaluations.

Players

Zalman Yarmush
Yarmush Investment Group
Zalman Yarmush
25 deals$90.8M volume(347) 534-7267
BROKER

Details

SOLD
IMAGE: Zalman Yarmush DATE: 9/17/2025 ADDRESS: 507 East 93rd Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Katz Family SELLER: Solomon Family BROKER: Zalman Yarmush (@ZalmanYarmush) - Yarmush Investment Group SALE PRICE: $1,250,000 UNITS: 16 ~ PPU: $78,125 SF: 14,232 ~ PPSF: $87 NOTE FROM BROKER: BH. The Yarmush Group is actively selling rent stabilized buildings, mixed use buildings and development property. Reach out if you would like to discuss what else we have for sale and/or if you would like a complimentary evaluation for your property. Visit our website at Yarmushgroup.com and send me an email to [email protected].

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$66,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65