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
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