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Hershel Spitz Purchases East Flatbush Multifamily Property From Yehuda Cohen For $3.8M

Property Image
SOLD
$3,800,000
Daniel (Dan) O'Brien
Caroline Hodes
+ 1

New York

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MultiFamily9,130 SF
Sold 02/04/2026
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Property Image
SOLD

Hershel Spitz Purchases East Flatbush Multifamily Property From Yehuda Cohen For $3.8M

673 East 32nd Street

See Similar Deals
MultiFamily9,130 SF
Sold 02/04/2026
Daniel (Dan) O'Brien
Caroline Hodes
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$416
Total Square Footage:9,130 SF
Transaction Type:Sale

The asset involved in this transaction is a multifamily property located at 673-675 East 32nd Street in the East Flatbush market. The sale concluded at a price of $3,800,000, encompassing a total square footage of 9,130, resulting in a price per square foot of $416.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,800,000
  • Address: 673-675 East 32nd Street
  • Market: East Flatbush
  • Square Footage: 9,130
  • Price Per Square Foot: $416
  • Buyer: Hershel Spitz
  • Seller: Yehuda Cohen
  • Brokers: Daniel O'Brien, Henry Hill & Caroline Hodes - Newmark

Key individuals involved in the transaction include buyer Hershel Spitz and seller Yehuda Cohen, with brokerage services provided by Daniel O'Brien, Henry Hill, and Caroline Hodes from Newmark, representing the parties in the deal.

Players

Caroline Hodes
93 deals$1.8B volume(516) 263-9404
BROKER

Henry Hill
Newmark
28 deals$468M volume(212) 655-0695
BROKER

Daniel (Dan) O'Brien
Newmark
145 deals$4.6B volume(212) 698-5584
BROKER

Details

SOLD
IMAGE: Daniel O'Brien, Henry Hill & Caroline Hodes DATE: 2/4/2026 ADDRESS: 673-675 East 32nd Street MARKET: East Flatbush ASSET TYPE: Multifamily BUYER: Hershel Spitz SELLER: Yehuda Cohen BROKERS: Daniel O'Brien, Henry Hill (@Henry_Hill_CRE) & Caroline Hodes (@CarolineHodes) - Newmark (@Newmark) SALE PRICE: $3,800,000 SF: 9,130 ~ PPSF: $416

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$202,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,500.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,013.94
Annual Debt Service$216,167.26