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912 Metropolitan Avenue

Yaniv Garbo Of GAC Equities Acquires Multifamily Property From Chin Hong Family For $4.32M
SOLDMultiFamily

Yaniv Garbo Of GAC Equities Acquires Multifamily Property From Chin Hong Family For $4.32M

912 Metropolitan Avenue

$4,320,750

$615/SF

Building Size

7,020 SF

Asset Type

MultiFamily

Closing

Mar 10, 2026

AI

The transaction involves a multifamily asset located at 912 Metropolitan Avenue in Brooklyn. The sale price for the property amounts to $4,320,750, encompassing a total square footage of 7,020, which translates to a price per square foot of $615.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,320,750
  • Address: 912 Metropolitan Avenue
  • Market: Brooklyn
  • Square Footage: 7,020
  • Price per Square Foot: $615
  • Buyer: Yaniv Garbo - GAC Equities
  • Seller: Chin Hong Family
  • Seller's Representative: Keith Hernandez - Compass

The key individuals involved in this transaction include the buyer, Yaniv Garbo from GAC Equities, and the seller represented by Keith Hernandez from Compass. The seller is the Chin Hong Family, indicating a familial ownership prior to the sale of the property.

Players

Keith Hernandez

Compass

Broker

$4.3M

vol

1 deal

Broker

Yaniv Garbo

GAC Equities

Buyer

$22.3M

vol

8 deals

Buyer
CF
Chin Hong FamilySeller

Brooklyn 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

3.67%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93