Marcus & Millichap Brokers Sell Multifamily Property In Kensington/BK For $1.475M
SOLD
$1,475,000
+ 1
New York
See Similar DealsMultiFamily3,402 SF
Sold 08/01/2019
SOLD
Marcus & Millichap Brokers Sell Multifamily Property In Kensington/BK For $1.475M
737 Church Ave, Brooklyn, NY 11218, USA
See Similar DealsMultiFamily3,402 SF
Sold 08/01/2019
+ 1
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$433
Total Square Footage:3,402 SF
Transaction Type:Sale
The multifamily property located at 737 Church Avenue in Kensington/BK has been sold in a closed transaction. The property spans 3,402 square feet and was listed with an asking price of $1,495,000. The final sale price was slightly lower, at $1,475,000, resulting in a price per square foot of $433.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,475,000
- Address: 737 Church Avenue
- Market: Kensington/BK
The seller of the property was David Shorenstein, while the buyer was Arkadi Haymof. The transaction was facilitated by brokers Shaun Riney, Dan Greenblatt, and Zalman Yarmush from Marcus & Millichap.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$78,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,240.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,992.25
Annual Debt Service$83,907.03
Is there something missing? Send suggestions