RSLT Capital Management Acquires Two Mixed-Use Buildings In Greenpoint Brooklyn For $5.1M
644 Manhattan Avenue & 730 Manhattan Avenue
$5,100,000
$338/SF
Building Size
7,528 SF
Asset Type
Mixed-use
Closing
Apr 15, 2026
About this deal
AI
Two mixed-use buildings located at 644 Manhattan Avenue and 730 Manhattan Avenue in Greenpoint, Brooklyn have been sold for a total of $5.1 million. The first property, 644 Manhattan Avenue, was acquired for $2.7 million, while the second, 730 Manhattan Avenue, was sold for $2.4 million. The sale involved a total of 7,528 square feet, yielding a price per square foot of $677.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,100,000
- Buyer: RSLT Capital Management
- Seller: Ezra Mashaal & Ron Obadiah
- Building Square Feet: 7,528
- Price Per Square Foot: $677
- Address: 644 Manhattan Avenue & 730 Manhattan Avenue
- Market: Greenpoint, Brooklyn
- Closing Date: April 15, 2026
- Recorded Date: May 1, 2026
RSLT Capital Management completed the acquisition of these properties, representing a notable transaction in the Greenpoint area. The sellers of the properties, Ezra Mashaal and Ron Obadiah, successfully concluded the sales, which involved the transfer of ownership of two distinct mixed-use buildings.
On the Map
$5,100,000
$338/SF
Mixed-use
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Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93