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.
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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