Natalie Wong Purchases Multifamily Asset At 384 Hancock Street From Kevin Abi For $2.975M
384 Hancock Street
$2,975,000
$779/SF
Building Size
3,816 SF
Asset Type
MultiFamily
Closing
Sep 7, 2025
AI
The transaction involved a multifamily asset located at 384 Hancock Street in the Brooklyn market. It was sold for a total amount of $2,975,000, comprising 2 units and encompassing a total square footage of 3,816, with a price per unit of $1,487,500 and a price per square foot of $779.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,975,000
- Units: 2
- Square Feet: 3,816
- Price per Unit: $1,487,500
- Price per Square Foot: $779
- Buyer: Natalie Wong
- Seller: Kevin Abi
- Brokers: Afik Even & Sarig Brand
- Date of Transaction: 9/8/2025
Afik Even and Sarig Brand facilitated this transaction representing both the buyer and seller, highlighting their role in achieving a sale at $100,000 above the asking price and completing the deal at an impressive speed.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.33%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93