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
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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