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
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93