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763 Putnam Avenue

Yossi Azour Of A2z Capital Purchases Multifamily Property On Putnam Avenue For $525,000
SOLDMultiFamily

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

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.

Players

Zalman Yarmush

Yarmush Investment Group

Broker

$90.8M

vol

25 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

30.22%

Cash-on-Cash

-8.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93