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
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