Tsum Chung Acquires Brooklyn Multifamily From Nathan Rabanipour Of Marchini Capital For $2.6M
$2,600,026
$797/SF
Building Size
3,260 SF
Asset Type
MultiFamily
Closing
Feb 26, 2026
AI
The transaction involves a multifamily asset located in Brooklyn, comprised of 2 units with a total square footage of 3,260. The sale price reached $2,600,026, resulting in a price per unit of $1,300,013 and a price per square foot of $797.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,600,026
- Units: 2
- Price Per Unit: $1,300,013
- Square Footage: 3,260
- Price Per Square Foot: $797
- Buyer: Tsum Chung
- Seller: Nathan Rabanipour - Marchini Capital
- Broker: Joshua Malekan - Bridge Advisory Group
- Attorney: Jon Malekan
Nathan Rabanipour, as the Founder of Marchini Capital, actively seeks multifamily, mixed-use, and development opportunities throughout New York City. He is open to off-market opportunities and can be contacted via email or phone. The broker, Joshua Malekan, successfully identified the buyer for the building within a single phone call, demonstrating efficiency in securing the deal.
Market 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93