Updated Apr 9, 2025
Jason Wisotsky Acquires MultiFamily Property From Burton Cohen In Brooklyn For $1.59M
620 East 17th St
$1,590,000
$256/SF
Building Size
6,200 SF
Asset Type
MultiFamily
Closing
Jun 6, 2017
About this deal
AI
The property asset involved in this transaction is a MultiFamily residence located at 620 East 17th St in the Brooklyn market. The property was sold for $1,590,000.00 and has a total square footage of 6200.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,590,000.00
- Address: 620 East 17th St
- Market: Brooklyn
- Square Footage: 6200.0
- Buyer: Jason Wisotsky
- Seller: Burton Cohen
- Broker Representatives: Shlomo Antebi - Atlas Realty Group, Daniel Shragaei
The key individuals involved in this deal include buyer Jason Wisotsky and seller Burton Cohen, who successfully facilitated the transfer of ownership. The transaction was represented by Shlomo Antebi of Atlas Realty Group and Daniel Shragaei, underscoring their roles in navigating the deal.
On the Map
$1,590,000
$256/SF
MultiFamily
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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
9.98%
Cash-on-Cash
-2.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93