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559 47th Street

Cheehan Leung Acquires Multifamily Property From Yvette Aguirre In Brooklyn For $1.7M
SOLDMultiFamily

Cheehan Leung Acquires Multifamily Property From Yvette Aguirre In Brooklyn For $1.7M

559 47th Street

$1,700,000

$576/SF

Building Size

2,948 SF

Asset Type

MultiFamily

Closing

Dec 16, 2025

AI

The property asset involved in this transaction is a MultiFamily unit located at 559 47th Street in Brooklyn. The sale price was $1,700,000, which sets the price per unit at $850,000 and the price per square foot at $576. The total square footage of the property is 2,948 square feet.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,700,000
  • Units: 2
  • Square Footage: 2,948
  • Price Per Unit: $850,000
  • Price Per Square Foot: $576
  • Buyer: Cheehan Leung
  • Seller: Yvette Aguirre
  • Brokers: Billy Apter & Vito Angelo - Re/Max
  • Date of Transaction: 12/17/2025
  • Market: Brooklyn

Key individuals in this deal include buyer Cheehan Leung and seller Yvette Aguirre. The transaction was represented by brokers Billy Apter and Vito Angelo from Re/Max, both noted as top producing agents in the market.

Players

Vito Angelo

Re/Max

Broker

$79M

vol

39 deals

Broker
Re/Max
Re/MaxBrokerage

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93