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Ling Ling Ye Purchases Multifamily Asset From Leifer Nachman For $1.698M In Brooklyn

Property Image
SOLD
$1,698,000
Vito Angelo
Billy Apter

New York

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MultiFamily2,680 SF
Sold 02/03/2026
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Property Image
SOLD

Ling Ling Ye Purchases Multifamily Asset From Leifer Nachman For $1.698M In Brooklyn

913 48th Street

See Similar Deals
MultiFamily2,680 SF
Sold 02/03/2026
Vito Angelo
Billy Apter
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$633
Total Square Footage:2,680 SF
Transaction Type:Sale

The multifamily asset located at 913 48th Street in Brooklyn was sold for $1,698,000. The property comprises 2 units and has a total square footage of 2,680. The price per unit is $849,000, and the price per square foot is $633.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,698,000
  • Address: 913 48th Street
  • Market: Brooklyn
  • Units: 2
  • Price Per Unit: $849,000
  • Square Footage: 2,680
  • Price Per Square Foot: $633
  • Buyer: Ling Ling Ye
  • Seller: Leifer Nachman
  • Brokers: Billy Apter & Vito Angelo - Re/Max

The deal involved key individuals including buyer Ling Ling Ye and seller Leifer Nachman, facilitated by brokers Billy Apter and Vito Angelo from Re/Max. Note from broker highlights the potential value of properties under new real estate laws and invites property owners to call for a free market appraisal.

Players

Vito Angelo
Re/Max
Vito Angelo
38 deals$77.9M volume(718) 887-5708
BROKER
Billy Apter
Re/Max
Billy Apter
33 deals$66.3M volume(347) 721-6599
BROKER

Details

SOLD
IMAGE: Vito Angelo DATE: 2/4/2026 ADDRESS: 913 48th Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Ling Ling Ye SELLER: Leifer Nachman BROKERS: Billy Apter (@TheRealEstateaTeamProf) & Vito Angelo (@TheVitoAngeloShow) - Re/Max SALE PRICE: $1,698,000 UNITS: 2 ~ PPU: $849,000 SF: 2,680 ~ PPSF: $633 NOTE FROM BROKER: Top Producing Agents! Your Home Maybe Worth More Than You Think! New Real Estate Laws Could Impact your Property Value! Let's Make Sure You're Getting Every Dollar You Deserve! Call today to speak with One of our Top Selling Agents Vito Angelo ~ 718-887-5708 or Billy Apter ~ 347-721-6599 Free Real Estate Market Appraisal!

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$90,559.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,032.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,049.39
Annual Debt Service$96,592.64