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788 Linden Boulevard

Bhuyain Family Acquires Multifamily Asset At 788 Linden Boulevard Brooklyn For $1.5M
SOLDMultiFamily

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

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

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

128 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93