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853 East 49th Street

Sara Ram Purchases Multifamily Asset At 853 East 49th Street Brooklyn For $875,000
SOLDMultiFamily

Sara Ram Purchases Multifamily Asset At 853 East 49th Street Brooklyn For $875,000

853 East 49th Street

$875,000

$533/SF

Building Size

1,640 SF

Asset Type

MultiFamily

Closing

Mar 25, 2026

AI

The property involved in this transaction is a multifamily asset located at 853 East 49th Street in Brooklyn. The sale price for the property was $875,000. It consists of 2 units and encompasses a total square footage of 1,640, which results in a price per unit of $437,500 and a price per square foot of $533.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $875,000
  • Units: 2
  • Price per Unit: $437,500
  • Square Footage: 1,640
  • Price per Square Foot: $533
  • Buyer: Sara Ram
  • Seller: Julia Shoy-Clarke
  • Seller's Representative: Nadine Morency-Mohs
  • Broker: Andrew Panton - Fave Realty

This transaction highlights the engagement between the buyer, Sara Ram, and the seller, Julia Shoy-Clarke, facilitated by Nadine Morency-Mohs, the seller's representative. Andrew Panton from Fave Realty acted as the broker in this deal, overseeing the transaction process between the involved parties.

Players

Nadine Morency-Mohs

Broker

$11.3M

vol

8 deals

Broker

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

18.13%

Cash-on-Cash

-5.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93