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802 Knickerbocker Avenue

Updated Dec 4, 2024

Nazar Nazarov Purchases Multifamily Property At 802 Knickerbocker Avenue Brooklyn For $750000
SOLDMultiFamily

Nazar Nazarov Purchases Multifamily Property At 802 Knickerbocker Avenue Brooklyn For $750000

802 Knickerbocker Avenue

$750,000

$204/SF

Building Size

3,672 SF

Asset Type

MultiFamily

Closing

Oct 22, 2024

About this deal

AI

A multifamily asset located at 802 Knickerbocker Avenue in the Brooklyn market was sold for $750,000. The property spans 3,672 square feet, resulting in a price per square foot of $204.

Summary of transaction details:

This transaction involved key individuals, including buyer Nazar Nazarov and seller Mark Levin of Hirshmark Capital, showcasing the collaboration between both parties. Joe Brikman represented the buyer while Matthew Cosentino and Remi Norris represented the seller, highlighting a structured brokerage engagement within the deal.

Players

Matthew Cosentino

Terra CRG

Broker

$325.7M

vol

84 deals

Broker
Compass
CompassBrokerage

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $204 per square foot on a published $750K for 3,672 square feet (2024).

Visit Joe Brikman to view all their deals.

Browse Brooklyn multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

21.15%

Cash-on-Cash

-6.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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