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
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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93