Vadem Brodsky Acquires Garage In Park Slope Brooklyn From Wolf Family For $13.25M
906 Union Street
$13,250,000
$692/SF
Building Size
19,125 SF
Asset Type
Garage
Closing
Jul 27, 2026
AI
The garage building involved in this transaction is located at 906 Union Street in Park Slope, Brooklyn. The property, which spans 19,125 square feet, was sold for $13,250,000, resulting in a price per square foot of $693.
Summary of transaction details:
- Property Type: Garage
- Transaction Amount: $13,250,000
- Address: 906 Union Street
- Market: Park Slope, Brooklyn
- Square Footage: 19,125
- Price Per Square Foot: $693
- Buyer: Vadem Brodsky
- Seller: Jeffrey Wolf, Pamela Wolf, Brandon Wolf & Kevin R. Wolf
Vadem Brodsky acquired the property through 906 Union Ventures LLC, indicating a structured approach to the transaction. The deal reflects participation from the Wolf family, who were the sellers, consisting of multiple stakeholders.
Players
Brooklyn Garage Market Snapshot
Boundary boundary · Garage · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93