facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

841 Eastern Parkway

Josseph Eli Acquires Multifamily Property At 841 Eastern Parkway From Beaufort Marie For $1.95M
SOLDMultiFamily

Josseph Eli Acquires Multifamily Property At 841 Eastern Parkway From Beaufort Marie For $1.95M

841 Eastern Parkway

$1,950,000

$634/SF

Building Size

3,072 SF

Asset Type

MultiFamily

Closing

Dec 31, 2024

AI

The property involved in this transaction is a multifamily asset located at 841 Eastern Parkway in Brooklyn. It was sold for $1,950,000, consisting of 3 units with a price per unit of $650,000. The building has a total square footage of 3,072, resulting in a price per square foot of $634.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,950,000
  • Buyer: Josseph Eli
  • Seller: Beaufort Marie
  • Units: 3
  • Square Footage: 3,072
  • Price per Unit: $650,000
  • Price per Square Foot: $634
  • Date of Transaction: 12/31/2025
  • Market: Brooklyn

The deal involved brokers Afik Even and Sarig Brand, who facilitated the transaction. They noted the completion of another successful deal in Crown Heights, emphasizing the importance of timing in the real estate market. For those interested in buying or selling a townhouse, they can be contacted at 917.496.1622.

Players

Sarig Brand

Broker

$51M

vol

19 deals

Broker

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

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93