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727 Crawford Avenue

Elliot Chahino Acquires Multifamily In Sheepshead Bay For $1.3M
SOLDMultiFamily

Elliot Chahino Acquires Multifamily In Sheepshead Bay For $1.3M

727 Crawford Avenue

$1,300,000

$650/SF

Building Size

2,000 SF

Asset Type

MultiFamily

Closing

Mar 15, 2024

AI

The multifamily property located at 727 Crawford Avenue in Sheepshead Bay, Brooklyn, was recently sold for $1,300,000. The asset comprises 2 units with a total square footage of 2,000, resulting in a per unit price of $650,000. The price per square foot stands at $650.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Units: 2
  • Square Footage: 2,000
  • Price Per Unit: $650,000
  • Price Per Square Foot: $650
  • Address: 727 Crawford Avenue
  • Market: Sheepshead Bay, Brooklyn

The sale of this property was facilitated by Shira Gelman, Lizzie Gulman, and Halyna Chyrva from IHome Realty Groupon behalf of the buyer, Elliot Chahino. The brokerage represented the buyer, ensuring a successful transaction between the parties involved.

Players

Shira Gelman

IHome Realty Group

Broker

$1.3M

vol

1 deal

Broker

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93