Updated Dec 21, 2023
Jakub Nowak & Jesse Kay Acquire Multifamily Property In Brooklyn For $3.1M
764 Union Street, Brooklyn, NY 11215
$3,100,000
$590/SF
Building Size
5,250 SF
Asset Type
MultiFamily
Closing
Nov 11, 2020
About this deal
AI
A multifamily property located at 764 Union Street in Brooklyn was recently sold for $3,100,000. The property spans 5,250 square feet, giving it an average price of $590 per square foot.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Address: 764 Union Street, Brooklyn
- Market: Brooklyn
The sale of this multifamily property was facilitated by brokers Jakub Nowak and Jesse Kay of The Nowak Group at Marcus & Millichap.
The multifamily sale at 764 Union Street, Brooklyn, NY 11215 in New York, New York sold for $3.1M in 2020. The building is 5,250 square feet, implying about 590 per square foot on the published price. Jesse Kay, Jakub Nowak, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the New York, New York file for the 764 Union Street, Brooklyn, NY 11215 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 764 Union Street, Brooklyn, NY 11215 around 2020. Published consideration for 764 Union Street, Brooklyn, NY 11215 is $3.1M, dated 2020. Cite this Jakub Nowak & Jesse Kay Acquire Multifamily Property In Brooklyn For $3.1M sale when underwriting similar multifamily product around New York, New York.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jesse Kay to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93