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Koby Telyas & Idan Shitrit Purchase Multifamily Property At 820 Classon Avenue For $6M

Property Image
SOLD
$6,000,000

New York

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MultiFamily10,000 SF
Sold 04/30/2025
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Property Image
SOLD

Koby Telyas & Idan Shitrit Purchase Multifamily Property At 820 Classon Avenue For $6M

820 Classon Avenue

See Similar Deals
MultiFamily10,000 SF
Sold 04/30/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$600
Total Square Footage:10,000 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 820 Classon Avenue in Brooklyn. The sale price of the property was $6,000,000, and it encompasses a total area of 10,000 square feet, which translates to a price per square foot of $600.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Address: 820 Classon Avenue
  • Market: Brooklyn
  • Square Footage: 10,000
  • Price per Square Foot: $600

The buyers of the property are Koby Telyas and Idan Shitrit, who facilitated this transaction. Their roles in the deal emphasize the collaborative nature of the acquisition process without reiterating prior mentioned details.

Players

8 deals$183.6M volume
BUYER

Details

SOLD
IMAGE: Koby Telyas & Idan Shitrit DATE: 4/30/2025 ADDRESS: 820 Classon Avenue MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Koby Telyas & Idan Shitrit SALE PRICE: $6,000,000 SF: 10,000 ~ PPSF: $600

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$319,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73