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727 Crawford Avenue

Updated Dec 4, 2024

Eli Chahino Buys Multifamily Property On 727 Crawford Avenue For $1.3M
SOLDMultiFamily

Eli Chahino Buys Multifamily Property On 727 Crawford Avenue For $1.3M

727 Crawford Avenue

$1,300,000

$650/SF

Building Size

2,000 SF

Asset Type

MultiFamily

Closing

Mar 15, 2024

About this deal

AI

The multifamily property located at 727 Crawford Avenue in Sheepshead Bay, Brooklyn, was recently sold for $1,300,000. This property comprises two units with a total square footage of 1,710, resulting in a price per unit of $650,000 and a price per square foot of $760.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Units: 2
  • Square Footage: 1,710
  • Price per Unit: $650,000
  • Price per Square Foot: $760
  • Address: 727 Crawford Avenue
  • Market: Sheepshead Bay, Brooklyn

Nina Sabag and Victor Althkefati from 5 Boro Realty facilitated the transaction between the buyer, Eli Chahino, and the seller, Uzi Shut. Their expertise and negotiation skills were instrumental in closing the deal for the multifamily property.

On the Map

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$1,300,000

$650/SF

MultiFamily

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Players

Nina Sabag

5 Boro Realty

Broker

$40.3M

vol

22 deals

Broker
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $650 per square foot on a published $1.3M for 2,000 square feet (2024).

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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

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