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620 East 17th Street

Jason Wisotsky Sells Multifamily Property At 620 East 17th Street Brooklyn For $1.025M
SOLDMultiFamily

Jason Wisotsky Sells Multifamily Property At 620 East 17th Street Brooklyn For $1.025M

620 East 17th Street

$1,025,000

$165/SF

Building Size

6,200 SF

Asset Type

MultiFamily

Closing

May 29, 2025

AI

The property involved in this transaction is a multifamily asset located at 620 East 17th Street, Brooklyn. The sale was finalized for a transaction amount of $1,025,000. The asset comprises 6 residential units, offering a price per unit of $170,833, and has a total square footage of 6,200, which translates to a price per square foot of $165.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,025,000
  • Units: 6
  • Price per Unit: $170,833
  • Total Square Footage: 6,200
  • Price per Square Foot: $165
  • Seller: Jason Wisotsky
  • Broker: Marcel Fridman - Barcel Group
  • Date of Sale: 5/30/2025
  • Market: Brooklyn

The deal was represented by broker Marcel Fridman of Barcel Group, who facilitated the transaction on behalf of seller Jason Wisotsky, ensuring the sale proceeded smoothly in the Brooklyn market.

Players

Marcel Fridman

Barcel Group

Broker

$451.5M

vol

141 deals

Broker

Jason Wisotsky

Seller

$144.3M

vol

11 deals

Seller

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

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93