Updated Jun 2, 2026
Yossi Azour Of A2z Capital Purchases Multifamily Property On Putnam Avenue For $525,000
763 Putnam Avenue
$525,000
$87/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
May 10, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 763 Putnam Avenue in Brooklyn. It encompasses 6 units, totaling 6,000 square feet, and was sold for $525,000, resulting in a price per unit of $87,500 and a price per square foot of $87.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $525,000
- Units: 6
- Square Feet: 6,000
- Price Per Unit: $87,500
- Price Per Square Foot: $87
- Buyer: Yossi Azour - A2z capital
- Seller: Gilman Corp
- Seller's Representative: Zalman Yarmush - Yarmush Investment Group
The deal involves Yossi Azour, who represents A2z capital, a company specializing in purchasing distressed properties and foreclosures. The seller, Gilman Corp, facilitated the transaction through their representative, Zalman Yarmush from Yarmush Investment Group.
On the Map
$525,000
$87/SF
MultiFamily
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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
30.22%
Cash-on-Cash
-8.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93