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902 46th Street

Yaakov Blau Purchases Multifamily Property From Samuel Blau In Brooklyn For $2.225M
SOLDMultiFamily

Yaakov Blau Purchases Multifamily Property From Samuel Blau In Brooklyn For $2.225M

902 46th Street

$2,225,000

$553/SF

Building Size

4,020 SF

Asset Type

MultiFamily

Closing

Jan 12, 2026

AI

The asset involved in the transaction is a multifamily property located at 902 46th Street, Brooklyn. The sale price of the property was $2,225,000, comprising two units with a total square footage of 4,020. The price per unit was calculated at $1,112,500, while the price per square foot stood at $553.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,225,000
  • Units: 2
  • Square Footage: 4,020
  • Price Per Unit: $1,112,500
  • Price Per Square Foot: $553
  • Buyer: Yaakov Blau
  • Seller: Samuel Blau
  • Brokers: Billy Apter & Vito Angelo - Re/Max
  • Date of Sale: 1/13/2026

The brokers representing the deal are Billy Apter and Vito Angelo from Re/Max. A note from the brokers indicates their status as top-producing agents and includes advice on potential property value appreciation due to new real estate laws, encouraging clients to check their property's worth and offering a free market appraisal.

Players

Vito Angelo

Re/Max

Broker

$80.5M

vol

40 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

7.13%

Cash-on-Cash

-2.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93