Updated Aug 22, 2025
Ron Frieden Acquires Multifamily Property In Williamsburg, Brooklyn For $1.875M
91 North 4th Street, Brooklyn, NY 11249
$1,875,000
$333/SF
Building Size
5,625 SF
Asset Type
MultiFamily
Closing
May 11, 2021
About this deal
AI
An multifamily property located at 91 N. 4th Street in Williamsburg, Brooklyn has been sold for $1,875,000. The property consists of 6 units and spans 5,625 square feet. The sale price per square foot was $333, and the price per unit was $312,500.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,875,000
- Address: 91 N. 4th Street, Williamsburg, Brooklyn
- Market: Williamsburg, Brooklyn
- Buyer: Ron Frieden
- Seller: Thomas Klosinski - Corigin Real Estate
- Brokers: Justin Zeitchik, Derek Bestreich, Luke Sproverio - Bestreich Realty Group
- Square Footage: 5,625 sqft
- Price per Square Foot: $333
- Units: 6
- Price per Unit: $312,500
Justin Zeitchik, Derek Bestreich, and Luke Sproverio from Bestreich Realty Group represented the buyer and seller in this transaction.
Players
New York 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
8.46%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93