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713 Sackett Street

Israel Goldv Acquires Multifamily Property From Mike Gatzonis For $1.665M With Broker Representation By Dylan Walsh Nick Kolbus & Jonathan Squires
SOLDMultiFamily

Israel Goldv Acquires Multifamily Property From Mike Gatzonis For $1.665M With Broker Representation By Dylan Walsh Nick Kolbus & Jonathan Squires

713 Sackett Street

$1,665,000

$346/SF

Building Size

4,800 SF

Asset Type

MultiFamily

Closing

Aug 4, 2025

AI

The multifamily asset located at 713 Sackett Street in Brooklyn features a total sale price of $1,665,000. The property comprises 7 units, totaling 4,800 square feet, which equates to a price per unit of $237,857 and a price per square foot of $346. At the time of closing, three units were occupied by tenants, one unit was occupied by a squatter, and three units were vacant.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,665,000
  • Address: 713 Sackett Street
  • Market: Brooklyn
  • Units: 7
  • Square Feet: 4,800
  • Price Per Unit: $237,857
  • Price Per Square Foot: $346
  • Buyer: Israel Goldv
  • Seller: Mike Gatzonis
  • Seller's Representative: Dylan Walsh, Nick Kolbus & Jonathan Squires - Cushman & Wakefield

In this transaction, Israel Goldv acquired the property from seller Mike Gatzonis, with the deal facilitated by Dylan Walsh, Nick Kolbus, and Jonathan Squires representing the seller through Cushman & Wakefield. This transaction delineates the roles of key individuals involved in the sale, alongside the property details, providing a comprehensive view of the exchange.

Players

Jonathan Squires

Cushman & Wakefield

Broker

$712.3M

vol

93 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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

9.53%

Cash-on-Cash

-2.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93