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
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