Updated Oct 12, 2026
HelloLiving Acquires Multifamily Property In Prospect Lefferts Gardens, Brooklyn For $34.25M
271 Lenox Rd, Brooklyn, NY 11226, USA
$34,250,000
$456/SF
Building Size
75,000 SF
Asset Type
MultiFamily
Closing
Oct 31, 2019
About this deal
AI
Eli Karp and Steven Vegh were involved in a closed property transaction in Prospect Lefferts Gardens, Brooklyn. The property located at 271 Lenox Road is a multifamily asset with 56 units and a total square footage of 75,000. The deal was facilitated by broker Steven Vegh, representing the buyer or seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $34,250,000
- Lender: greystone''>Greystone.RealEstate
- Landlord: HelloLiving
- Broker: Steven Vegh -
The lender for this transaction was Greystone.RealEstate and the landlord was HelloLiving. Steven Vegh, representing , played a crucial role as the broker in this deal.
On the Map
$34,250,000
$456/SF
MultiFamily
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93