facebook
Traded Co logo
Submit

Lamar Fenton Acquires Multifamily Property In Bedford Stuyvesant, Brooklyn For $2.6M

Property Image
SOLD
$2,600,000

New York

See Similar Deals
MultiFamily3,394 SF
Sold 02/28/2023
the dealplayerscompscontact
Property Image
SOLD

Lamar Fenton Acquires Multifamily Property In Bedford Stuyvesant, Brooklyn For $2.6M

851 Jefferson Avenue

See Similar Deals
MultiFamily3,394 SF
Sold 02/28/2023
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$766
Total Square Footage:3,394 SF
Transaction Type:Sale

The multifamily property located at 851 Jefferson Avenue in the Bedford Stuyvesant neighborhood of Brooklyn has been sold for $2,600,000. The property consists of two units with a price per unit of $1,300,000. With a total square footage of 3,394, the price per square foot comes to $766.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Address: 851 Jefferson Avenue
  • Market: Bedford Stuyvesant, Brooklyn

Lamar Fenton has acquired the property from the seller, Josh Yaghoubzadeh. The brokerage services for this transaction were provided by Tali Berzak from Compass.

Players

Tali Berzak
7 deals$20.7M volume(917) 246-8581
BROKER

Josh Yaghoubzadeh
4 deals$7.1M volume
SELLER

Details

SOLD
IMAGE: Josh Yaghoubzadeh & Tali Berzak DATE: 02/28/2023 ADDRESS: 851 Jefferson Avenue MARKET: Bedford Stuyvesant, Brooklyn ASSET TYPE: Multifamily BUYER: Lamar Fenton SELLER: Josh Yaghoubzadeh BROKER: Tali Berzak (@Talzberz) - Compass (@Compass) (@CompassNY) SALE PRICE: $2,600,000 UNITS: 2 ~ PPU: $1,300,000 SF: 3,394 ~ PPSF: $766

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$138,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92