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
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