Updated Sep 2, 2026
Phil Miller Purchases Multi-Family Property At 733 Dekalb Avenue Brooklyn For $2.8M
733 Dekalb Avenue
$2,800,000
$574/SF
Building Size
4,875 SF
Asset Type
MultiFamily
Closing
Aug 24, 2026
About this deal
AI
The property asset involved in this transaction is a multi-family building located at 733 Dekalb Avenue in Brooklyn. The property was sold for $2,800,000 and encompasses a total area of 4,875 square feet, resulting in a price per square foot of $574.
Summary of transaction details:
- Property Type: Multi-Family
- Transaction Amount: $2,800,000
- Sale Date: 08/24/2026
- Address: 733 Dekalb Avenue
- Market: Brooklyn
- Square Feet: 4,875
- Price Per Square Foot: $574
- Buyer: Phil Miller
- Seller: Doug Baillie & Pir Granoff - Aperture Holdings
- Broker Representatives: Shaun Riney, Michael (Mike) Salvatico & Daniel Greenblatt - Marcus & Millichap
The transaction featured notable individuals including Phil Miller, who acted as the buyer, and Doug Baillie & Pir Granoff, who represented the seller through their company Aperture Holdings. The broker representatives involved in facilitating this sale were Shaun Riney, Michael (Mike) Salvatico, and Daniel Greenblatt, all affiliated with Marcus & Millichap, underscoring the collaborative efforts in this real estate transaction.
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93