Monic Badlani Acquires Multifamily Property On Halsey Street For $2.275M
798 Halsey Street
$2,275,000
$1,053/SF
Building Size
2,160 SF
Asset Type
MultiFamily
Closing
May 9, 2024
AI
The multifamily property located at 798 Halsey Street in Bedford Stuyvesant was sold for $2,275,000. This property consists of 2 units, spanning 2,160 square feet, with a price per unit of $1,137,500 and a price per square foot of $1,053.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,275,000
- Units: 2
- Square Footage: 2,160
- Price Per Unit: $1,137,500
- Price Per Square Foot: $1,053
- Market: Bedford Stuyvesant
- Buyer: Monic Badlani
- Seller: Joshua Yaghoubzadeh - Bolt Equities
- Broker: Tali Berzak
Monic Badlani acquired the property at 798 Halsey Street in Bedford Stuyvesant from the seller, Joshua Yaghoubzadeh of Bolt Equities. Facilitating the transaction as the broker was Tali Berzak, representing either the buyer or the seller in this multifamily property deal.
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
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93