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690 Hancock Street

Updated Jul 24, 2026

Aiman Khan Purchases 690 Hancock Street Multifamily Property From Karen Overton For $1,430,000
SOLDMultiFamily

Aiman Khan Purchases 690 Hancock Street Multifamily Property From Karen Overton For $1,430,000

690 Hancock Street

$1,430,000

$536/SF

Building Size

2,666 SF

Asset Type

MultiFamily

Closing

Jun 1, 2026

About this deal

AI

The property asset involved in the transaction is a multifamily unit located at 690 Hancock Street, Brooklyn. The sale price was $1,430,000, involving 2 units at a price per unit of $715,000. The total square footage of the property is 2,666, resulting in a price per square foot of $536.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,430,000
  • Buyer: Aiman Khan
  • Seller: Karen Overton
  • Units: 2
  • Square Footage: 2,666
  • Price Per Unit: $715,000
  • Price Per Square Foot: $536
  • Brokers: Jonathan Anobian & David Malkoukian - Douglas Elliman

The transaction was represented by brokers Jonathan Anobian and David Malkoukian of Douglas Elliman. They emphasized their approach, which begins long before reaching the closing table, focusing on strategic planning and understanding the market. They noted their commitment to serving as trusted advisors, highlighting the importance of thoughtful strategy and tailored service for each client's objectives.

Players

Aiman Khan

Buyer

$6M

vol

4 deals

Buyer

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $536 per square foot on a published $1.4M for 2,666 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.09%

Cash-on-Cash

-3.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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