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906 Union Street

Vadem Brodsky Acquires Garage In Park Slope Brooklyn From Wolf Family For $13.25M
SOLDGarage

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

Vadem Brodsky

Buyer

$40.2M

vol

5 deals

Buyer

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