facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

851 68th Street

Updated Oct 30, 2026

Jian Hu Chen Purchases MultiFamily Property From Karen Leclaire In Brooklyn For $1,690,000
SOLDMultiFamily

Jian Hu Chen Purchases MultiFamily Property From Karen Leclaire In Brooklyn For $1,690,000

851 68th Street

$1,690,000

$768/SF

Building Size

2,200 SF

Asset Type

MultiFamily

Closing

Oct 13, 2026

About this deal

AI

The property asset involved in this transaction is a MultiFamily building located at 851 68th Street, Brooklyn. It sold for $1,690,000 and consists of 2 units, with a price per unit of $845,000. The total square footage of the property is 2,200, resulting in a price per square foot of $768.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,690,000
  • Units: 2
  • Price Per Unit: $845,000
  • Square Footage: 2,200
  • Price Per Square Foot: $768
  • Buyer: Jian Hu Chen
  • Seller: Karen Leclaire
  • Broker: Daniel Weichselbaum - Cloud Realty

The deal features Jian Hu Chen as the buyer and Karen Leclaire as the seller, with representation provided by Daniel Weichselbaum from Cloud Realty. This transaction highlights the involvement of professional brokerage services in facilitating the exchange.

Instagram

On the Map

Open live map

$1,690,000

$768/SF

MultiFamily

View full map

Players

Daniel Weichselbaum

Cloud Property Group

Broker

$3.1M

vol

1 deal

Broker
Bilt advertisement

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $768 per square foot on a published $1.7M for 2,200 square feet (2026).

Visit Cloud Property Group to view all their deals.

Browse Brooklyn multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.39%

Cash-on-Cash

-2.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets