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104 Fort Greene Place

Matt Sherr, Matthew Pazzaglini & Daniel Levitin Of HudsonPoint Group Provide Preferred Equity For Dean Street Ventures In Brooklyn
FINANCEDMultiFamily

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

HudsonPoint Group
HudsonPoint GroupLender

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