Matt Sherr, Matthew Pazzaglini & Daniel Levitin Of HudsonPoint Group Provide Preferred Equity For Dean Street Ventures In Brooklyn
104 Fort Greene Place, 112 Fort Greene Place & 1094 Dean Street
$7,388,000
$642/SF
Building Size
11,494 SF
Asset Type
MultiFamily
Closing
Aug 25, 2025
AI
The property asset involved in this transaction is a multifamily building located at 104 Fort Greene Place, 112 Fort Greene Place, and 1094 Dean Street in Brooklyn. The total square footage of the asset is 11,494 with a total of 22 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Preferred equity
- Address: 104 Fort Greene Place, 112 Fort Greene Place & 1094 Dean Street
- Market: Brooklyn
- Asset Size: 11,494 SF
- Units: 22
- Lender: Matt Sherr, Matthew Pazzaglini & Daniel Levitin - HudsonPoint Group
- Landlord: Dean Street Ventures, Fund I
This transaction involves Matt Sherr, Matthew Pazzaglini, and Daniel Levitin from HudsonPoint Group, who are the lenders providing preferred equity financing. Dean Street Ventures, Fund I acts as the landlord in this deal.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.15%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93