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Epstein Family Purchases Multifamily Property From Jake Soodek And Igor Vaysberg For $1.05M

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SOLD
$1,050,000

New York

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MultiFamily5,175 SF
Sold 07/01/2025
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SOLD

Epstein Family Purchases Multifamily Property From Jake Soodek And Igor Vaysberg For $1.05M

319 Chauncey Street

See Similar Deals
MultiFamily5,175 SF
Sold 07/01/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$202
Total Square Footage:5,175 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily building located at 319 Chauncey Street in Brooklyn. The sale price for the property was $1,050,000, encompassing 6 units with a price per unit of $175,000. The total square footage of the asset is 5,175, resulting in a price per square foot of $202.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Units: 6
  • Price Per Unit: $175,000
  • Total Square Footage: 5,175
  • Price Per Square Foot: $202
  • Buyer: Epstein Family
  • Seller: Jake Soodek & Igor Vaysberg - Hirshmark Capital
  • Broker: Joe Brikman - Brooklyn Blocks Real Estate

The property is fully rent stabilized, indicating that tenant rent amounts are regulated by government guidelines. Joe Brikman represents Brooklyn Blocks Real Estate in this transaction, facilitating the sale between the Epstein Family and Hirshmark Capital.

Players

Joe Brikman
7 deals$22.5M volume(718) 669-0316
BROKER

Brooklyn Blocks Real Estate
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Details

SOLD
IMAGE: Joe Brikman DATE: 7/1/2025 ADDRESS: 319 Chauncey Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Epstein Family SELLER: Jake Soodek (@JakeSoodek) & Igor Vaysberg - Hirshmark Capital (@HirshmarkCapital) BROKER: Joe Brikman (@JoeBrik) - Brooklyn Blocks Real Estate (@Brooklyn_Blocks) SALE PRICE: $1,050,000 UNITS: 6 ~ PPU: $175,000 SF: 5,175 ~ PPSF: $202 NOTE FROM BROKER: Property is fully rent stabilized! Reach to see my other great deals! [email protected]

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
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