Jake Mnook Acquires Multifamily Property In Ditmas Park For $1.75M, From Seller Meny Treitel (Nathan Malkoukian, @RyanSerhant, Robert Bell)
SOLD
$1,750,000
New York
See Similar DealsMultiFamily3,232 SF
Sold 07/29/2019
SOLD
Jake Mnook Acquires Multifamily Property In Ditmas Park For $1.75M, From Seller Meny Treitel (Nathan Malkoukian, @RyanSerhant, Robert Bell)
551 Argyle Rd, Brooklyn, NY 11230, USA
See Similar DealsMultiFamily3,232 SF
Sold 07/29/2019
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$541
Total Square Footage:3,232 SF
Transaction Type:Sale
A multifamily property located at 551 Argyle Rd in Ditmas Park has been sold in a closed transaction. The property spans 3,232 square feet and was sold at a sale price of $1,750,000, resulting in a price per square foot of $541. The property was originally listed with an asking price of $1,950,000.
Summary of transaction details
- Property Type: Multifamily
- Address: 551 Argyle Rd
- Market: Ditmas Park
- Sale Price: $1,750,000
- Asking Price: $1,950,000
- Square Footage: 3,232
- Price Per Square Foot: $541
The seller of the property was Meny Treitel, while the buyer was Jake Mnook. The transaction was facilitated by brokers Nathan Malkoukian, @RyanSerhant, and Robert Bell.
Players
BROKERAGE
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
Is there something missing? Send suggestions