facebook
Traded Co logo
Submit
Daily limit: 0/10

Fei Guo Acquires Multifamily Property At 929 Atlantic Avenue Clinton Hill From Ohannes Korogluyan For $7.7M

Property Image
SOLD
$7,700,000

New York

See Similar Deals
MultiFamily17,469 SF
Sold 05/26/2026
the dealplayerscompscontact
Property Image
SOLD

Fei Guo Acquires Multifamily Property At 929 Atlantic Avenue Clinton Hill From Ohannes Korogluyan For $7.7M

929 Atlantic Avenue

See Similar Deals
MultiFamily17,469 SF
Sold 05/26/2026
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$440
Total Square Footage:17,469 SF
Transaction Type:Sale

Fei Guo acquired a multifamily property located at 929 Atlantic Avenue in Clinton Hill, Brooklyn. The property spans 17,469 square feet and was sold for $7.7 million, translating to approximately $441 per square foot.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $7,700,000
  • Address: 929 Atlantic Avenue
  • Market: Clinton Hill, Brooklyn
  • Square Footage: 17,469
  • Price Per Square Foot: $441
  • Buyer: Fei Guo
  • Seller: Ohannes Korogluyan

In this transaction, Fei Guo represented the buyer, while Ohannes Korogluyan was the seller in the deal for the multifamily asset.

Players

Fei Guo
Fei Guo
2 deals$11.2M volume
BUYER

Details

SOLD
IMAGE: 05/26/2026 ADDRESS: 929 Atlantic Avenue MARKET: Clinton Hill, Brooklyn ASSET TYPE: MultiFamily BUYER: Fei Guo SELLER: Ohannes Korogluyan SALE PRICE: $7,700,000 SF: 17,469 - PPSF: $441 NOTE: Fei Guo acquired a 17,469-square-foot multifamily property in Clinton Hill, Brooklyn, from Ohannes Korogluyan for $7.7 million. The transaction for the 929 Atlantic Avenue asset closed at a price of approximately $441 per square foot.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$410,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$27,356.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,501.93
Annual Debt Service$438,023.14