We help buyers and investors find and buy multifamily buildings in Brooklyn, including Williamsburg and surrounding North Brooklyn neighborhoods. We evaluate income and expenses, prepare a market based offer, coordinate inspections and legal review, and guide the transaction through closing while connecting you with lenders, attorneys, inspectors, and our in house tax specialist.
Service overview
Multifamily properties are residential buildings with two or more separate rental units. We work with buyers who want owner occupied buildings, small apartment houses, or larger small scale investments. Our service covers property search, comparative market analysis, rent roll and expense review, coordination of inspections and appraisals, negotiation of offers, and closing coordination with attorneys and lenders.
Because we are a North Brooklyn mainstay, we focus on markets like Williamsburg, Greenpoint, Bushwick, and Bedford Stuyvesant. Start with our Brooklyn office page to learn more about our neighborhood work and local listings.
Benefits of working with us
- Local market knowledge from three generations of Williamsburg roots and over 30 years in North Brooklyn.
- Investor ready analyses that include rent roll review, expense checks, and cap rate discussion.
- Strong local network of mortgage brokers, litigators, contractors, and stagers for fast coordination.
- Complimentary tax consultation with our in house specialist, Mario Saggese, to clarify tax implications before you bid.
- Hands on negotiation and transaction management to reduce surprises during due diligence.
Our process when you buy a multifamily property
- Discovery and goals. We meet to define your investment goals, target neighborhoods, price range, and occupancy plans. This step keeps the search focused and efficient.
- Market and financial analysis. We run comparative market analysis and initial rent roll checks. We review projected net operating income and expected cap rates so you see whether a property fits your return targets. For a deeper primer, read our multifamily investing topic.
- Property identification and preview. We compile likely matches and arrange showings. We flag items that commonly affect value in North Brooklyn, such as tenant status, recent renovations, and building systems.
- Financial review and tax check. We review your financing options and connect you with lenders. We arrange a complimentary tax consultation with Mario Saggese to clarify depreciation, cost basis, and 1031 exchange considerations when applicable.
- Offer and negotiation. We prepare an offer that balances price, contingencies, and timing. Our negotiation focuses on protecting your deposit and preserving leverage for due diligence.
- Due diligence coordination. We coordinate inspections, engineer or building inspections if needed, and assemble documents for attorney review. We rely on trusted local contractors and inspectors to avoid delays.
- Closing and transition. We work with attorneys and the title company to close the sale, and we can recommend local property managers or contractors for tenant turnover or repairs after closing.
Pro tip: A clean, current rent roll and organized expense records speed underwriting and often improves the sale price. Ask the seller for one early in the process so your offer and financing timeline stay on track.
What good work looks like
Well executed multifamily transactions are transparent, documented, and paced to allow proper due diligence. You should expect an organized rent roll, clear utility and tax records, recent maintenance receipts where available, and a coordinated plan for inspections. We focus on clarity so you can evaluate risk, not just price.
Why choose Capri Jet Realty, Corp.
We have served North Brooklyn for over 30 years. Our founder, Robert Napolitano, built the business on deep local ties and a hands on approach. We combine neighborhood knowledge with a practical network of buyers, attorneys, contractors, stagers, and mortgage brokers to keep transactions moving.
Our team includes an in house tax specialist, Mario Saggese, who provides a complimentary tax consultation specific to your purchase. That service helps buyers understand the tax side of acquisition before they commit to an offer.
Service area
We concentrate on Brooklyn neighborhoods with active multifamily markets. Primary service areas include:
- Williamsburg
- Greenpoint
- Bushwick
- Bedford Stuyvesant
- North Brooklyn broadly
For more on our local presence, see our Brooklyn location page.
Related services and resources
We treat multifamily purchases as part of a broader set of residential services. Helpful pages include our Real Estate Agent services, Condos For Sale listings, and Coops For Sale guidance. For buyers who want to understand investment math, our Multifamily Investing topic and Rent Roll Analysis guide explain common metrics and what to watch for during underwriting.
Frequently asked questions
What defines a multifamily property for sale?
Multifamily properties contain two or more rental units under the same roof or parcel. They range from small two family houses to larger walk up or elevator buildings. The key distinction for buyers is whether income and expenses are reported and managed at the building level, which affects financing and valuation.
Who typically buys multifamily buildings in Brooklyn?
Buyers include owner occupants who want supplemental rental income, small local investors building a portfolio, and larger investors seeking cash flow. Each buyer type has different priorities for financing, management, and return on investment.
How do you evaluate a multifamily property?
We examine the rent roll, recent leases, operating expenses, taxes, and comparable sales to estimate net operating income and a realistic cap rate. We also factor in physical condition, tenant profiles, and neighborhood demand. When useful, we connect buyers with our in house tax specialist to clarify tax treatment before an offer.
What is a rent roll and why does it matter?
A rent roll lists each unit, current rent, lease start and end dates, and tenant status. It is essential for underwriting because it shows current income and potential vacancy or turnover risk. We review rent rolls for consistency and for lease provisions that could affect income after purchase.
How long does buying a multifamily take?
Timelines vary. A typical market purchase with financing and standard due diligence often closes within 30 to 60 days after contract signing, but timelines depend on lender requirements, inspection complexity, and attorney review. We manage the schedule and identify timing risks early so expectations are clear.
Do you help with financing and inspections?
We connect buyers to local mortgage brokers and trusted inspectors. We do not provide financing ourselves, but we help coordinate lender submissions, appraisals, and inspection appointments so you have a clear path to closing.
Find out more and check our reviews
Check Capri Jet Realty, Corp. on Google Business Profile to read client reviews and get directions to our Brooklyn office. Our profile shows recent feedback from buyers and investors and practical details about visiting.