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763 Lenox Road

Roy Livingston Acquires Multifamily Property At 763 Lenox Road Brooklyn For $1.86M
SOLDMultiFamily

Roy Livingston Acquires Multifamily Property At 763 Lenox Road Brooklyn For $1.86M

763 Lenox Road

$1,860,000

$255/SF

Building Size

7,289 SF

Asset Type

MultiFamily

Closing

Oct 30, 2025

AI

The property involved in this transaction is a multifamily asset located at 763 Lenox Road in Brooklyn. The sale price was $1,860,000, with a total square footage of 7,289, resulting in a price per square foot of $255.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,860,000
  • Address: 763 Lenox Road
  • Market: Brooklyn
  • Square Footage: 7,289
  • Price Per Square Foot: $255
  • Buyer: Roy Livingston
  • Seller: Dudu Abitbul
  • Brokers: Ran Aldubi & Nina Sabag - 5 Boro Realty

Ran Aldubi and Nina Sabag of 5 Boro Realty represented the transaction, which marks a record-breaking sale for a 6-family property in East Flatbush, confirming it is stabilized and occupied.

Players

Nina Sabag

5 Boro Realty

Broker

$40.3M

vol

22 deals

Broker

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

8.53%

Cash-on-Cash

-2.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93