Updated May 5, 2026
Bhuyain Family Acquires Multifamily Asset At 788 Linden Boulevard Brooklyn For $1.5M
788 Linden Boulevard
$1,500,000
$71/SF
Building Size
20,880 SF
Asset Type
MultiFamily
Closing
Apr 8, 2026
About this deal
AI
The property asset involved in the transaction is located at 788 Linden Boulevard, Brooklyn. The sale price was $1,500,000, and the asset type is multifamily. It consists of 23 units, with a price per unit of $65,217. The total square footage is 20,880, resulting in a price per square foot of $71.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 788 Linden Boulevard
- Market: Brooklyn
- Units: 23
- Price per Unit: $65,217
- Total Square Footage: 20,880
- Price per Square Foot: $71
- Buyer: Bhuyain Family
- Seller: Estate of Errol Smith
- Seller's Rep: Nate Pilchick, Yosef Katz, Shlomo Antebi & Erik Yankelovich - Atlas Realty Group
Key individuals involved in the deal include the buyer, Bhuyain Family, and the seller, represented by the Estate of Errol Smith. The seller's representation was managed by a team from Atlas Realty Group, which includes Nate Pilchick, Yosef Katz, Shlomo Antebi, and Erik Yankelovich.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93