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885 Pacific Street

Updated Sep 11, 2026

Bilt advertisement
Aiman Khan Of CRG Realty Investments Purchases 885 Pacific Street Brooklyn Multifamily For $2.156M
SOLDMultiFamily

Aiman Khan Of CRG Realty Investments Purchases 885 Pacific Street Brooklyn Multifamily For $2.156M

885 Pacific Street

$2,156,000

$738/SF

Building Size

2,920 SF

Asset Type

MultiFamily

Closing

Aug 24, 2026

About this deal

AI

The property asset involved in this transaction is a MultiFamily unit located at 885 Pacific Street in the Brooklyn market. The sale price of the asset was $2,156,000, comprising 2 units within a square footage of 2,920, resulting in a price per unit of $1,078,000 and a price per square foot of $738.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,156,000
  • Address: 885 Pacific Street
  • Market: Brooklyn
  • Units: 2
  • Square Footage: 2,920
  • Price per Unit: $1,078,000
  • Price per Square Foot: $738
  • Buyer: Aiman Khan - CRG Realty Investments
  • Seller: Marie Y Louis Lubin Irrevocable Living Trust
  • Broker: Lionel E Leconte - East Coast Realty Partners & LLC
  • Buyer's Attorney: Lowrance Fisher & Esq. - Fisher Stone PC

The transaction bring together key individuals and firms in the real estate industry, with Aiman Khan representing the buyer's interest through CRG Realty Investments. The seller, Marie Y Louis Lubin Irrevocable Living Trust, was represented in this transaction, which involved legal guidance from Lowrance Fisher & Esq. of Fisher Stone PC, ensuring compliance and due diligence throughout the process.

Players

Lionel E. Leconte

East Coast Realty Partners, LLC

Broker
Broker

Aiman Khan

CRG Realty Investments

Buyer

$8.2M

vol

5 deals

Buyer
MT
Marie Y Louis Lubin Irrevocable Living TrustSeller

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $738 per square foot on a published $2.2M for 2,920 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.36%

Cash-on-Cash

-2.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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