Gabi Wallach Purchases 24-Unit Multifamily Property From Robert Wolf In Brooklyn For $6.95M
65 Clermont Avenue
$6,950,000
$480/SF
Building Size
14,479 SF
Asset Type
MultiFamily
Closing
Jun 24, 2026
AI
The multifamily property located at 65 Clermont Avenue in Brooklyn has been sold for a transaction amount of $6,950,000. The asset consists of 24 units, providing a price per unit of $289,583. The total square footage of the property is 14,479, equating to a price per square foot of $480.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,950,000
- Units: 24
- Price Per Unit: $289,583
- Square Footage: 14,479
- Price Per Square Foot: $480
- Buyer: Gabi Wallach
- Seller: Robert Wolf
- Broker: Abraham Lowy
Abraham Lowy represented the transaction as the broker facilitating the deal between the buyer, Gabi Wallach, and the seller, Robert Wolf.
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
2.28%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93