Diedonne Paulemon Purchases Multifamily Property At 577 East 94th Street Brooklyn For $975000
577 East 94th Street
$975,000
$362/SF
Building Size
2,688 SF
Asset Type
MultiFamily
Closing
Feb 4, 2026
AI
This multifamily property located at 577 East 94th Street in Brooklyn has a sale price of $975,000. The asset comprises 3 units within a total square footage of 2,688, resulting in a price per unit of $325,000 and a price per square foot of $362.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $975,000
- Address: 577 East 94th Street
- Market: Brooklyn
- Units: 3
- Square Footage: 2,688
- Price Per Unit: $325,000
- Price Per Square Foot: $362
- Buyer: Diedonne Paulemon
- Seller: Shameeka Hutchinson, as Executor of the Ameth Barnett Estate
- Seller's Representative: Anthony L. Morris & Lisa James - The Corcoran Group
In this transaction, Diedonne Paulemon acquired the property from Shameeka Hutchinson, who represented the estate of Ameth Barnett. The deal involved the representation of the seller by Anthony L. Morris and Lisa James from The Corcoran Group, facilitating the transfer of the asset.
Players
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
16.27%
Cash-on-Cash
-4.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93