Yeshivah Of Flatbush Acquires Multifamily Building In Midwood Brooklyn For $3.5M
945 East 10th Street
$3,500,000
$965/SF
Building Size
3,624 SF
Asset Type
MultiFamily
Closing
Jun 16, 2026
AI
A two-unit multifamily building located at 945 East 10th Street, Midwood, Brooklyn, has been sold for $3,500,000. The total square footage of the property is 3,624, resulting in a price per square foot of $966 and a price per unit of $1,750,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,500,000
- Square Footage: 3,624
- Price Per Square Foot: $966
- Number of Units: 2
- Price Per Unit: $1,750,000
- Buyer: Yeshivah of Flatbush
- Date of Sale: 06/16/2026
- Address: 945 East 10th Street, Midwood, Brooklyn
Yeshivah of Flatbush plans to owner-occupy the newly acquired property. The transaction reflects the organization's intention to utilize the space for their operations.
Players
Market 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93