facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

621 Vanderbilt Avenue

Eden Ashourzadeh Buys Multifamily Property In Prospect Heights For $2.6M
SOLDMultiFamily

Eden Ashourzadeh Buys Multifamily Property In Prospect Heights For $2.6M

621 Vanderbilt Avenue

$2,600,000

$650/SF

Building Size

4,000 SF

Asset Type

MultiFamily

Closing

May 15, 2024

AI

621 Vanderbilt Avenue in Prospect Heights, Brooklyn, was the site of a recent closed transaction involving a multifamily property. The property, spanning 4,000 square feet and comprising 4 units, was sold for $2,600,000, translating to a price per unit of $650,000 and a price per square foot of $650.

Summary of transation details:

The transaction was facilitated by brokers Haley Hasho, Justin Conway, and Joey Mohsen from Exodus Capital, representing the buyer and seller in the deal. Eden Ashourzadeh acquired the property from James Parker in this successful transaction in Prospect Heights.

Players

Haley Hasho

Exodus Capital

Broker

$378.2M

vol

47 deals

Broker

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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93