FINANCEDMultiFamily
Matt Sherr, Matthew Pazzaglini & Daniel Levitin Of HudsonPoint Group Provide Preferred Equity For In Brooklyn
104 Fort Greene Place, 112 Fort Greene Place & 1094 Dean Street
$7,388,000
$540/SF
Building Size
4,554 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:
This transaction involves Matt Sherr, Matthew Pazzaglini, and Daniel Levitin from HudsonPoint Group, who are the lenders providing preferred equity financing. acts as the landlord in this deal.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
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