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98 Linden Street

Rave Family Purchases Multifamily Asset From Frankel Family For $710,000 In Brooklyn
SOLDMultiFamily

Rave Family Purchases Multifamily Asset From Frankel Family For $710,000 In Brooklyn

98 Linden Street

$710,000

$136/SF

Building Size

5,200 SF

Asset Type

MultiFamily

Closing

Dec 17, 2025

AI

The property involved in this transaction is a multifamily asset located at 98 Linden Street, Brooklyn. The sale price was $710,000, with a total square footage of 5,200, equating to a price per square foot of $136.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $710,000
  • Square Footage: 5,200
  • Price Per Square Foot: $136
  • Buyer: Rave Family
  • Seller: Frankel Family
  • Broker: Marcel Fridman - Barcel Group

The buyer in this transaction is the Rave Family, while the seller is the Frankel Family. The broker representing the sale is Marcel Fridman from Barcel Group.

Players

Marcel Fridman

Barcel Group

Broker

$456.5M

vol

142 deals

Broker

Brooklyn 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

22.34%

Cash-on-Cash

-6.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93