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54 Saint Marks Avenue

Updated Sep 14, 2026

Bilt advertisement
Crystal & Frank Yu Acquire Multifamily Property At 54 Saint Marks Place For $5.775M
SOLDMultiFamily

Crystal & Frank Yu Acquire Multifamily Property At 54 Saint Marks Place For $5.775M

54 Saint Marks Avenue

$5,775,000

$1,175/SF

Building Size

4,913 SF

Asset Type

MultiFamily

Closing

Aug 5, 2026

About this deal

AI

54 Saint Marks Place is a multifamily property located in Boerum Hill, featuring a total area of 4,913 square feet. The asset was sold for $5,775,000, resulting in a price per square foot of $1,175.

Summary of transaction details:

This transaction highlights the collaborative effort of the seller's representatives, who worked closely together to facilitate the sale. Acknowledgment goes to the seller, Amir Zwickel, for his vision and execution throughout the project, contributing to a successful trade in a prime Brooklyn location.

Players

Ravi Kantha

Serhant

Broker

$409M

vol

31 deals

Broker

Frank Yuan

Buyer

$172.3M

vol

4 deals

Buyer

Amir Zwickel

Seller

$10.6M

vol

3 deals

Seller

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $5.8M for 4,913 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.75%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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