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798 Halsey Street

Monic Badlani Acquires Multifamily Property On Halsey Street For $2.275M
SOLDMultiFamily

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

Tali Berzak

Compass

Broker

$20.7M

vol

7 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

6.97%

Cash-on-Cash

-1.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93