facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

101 Greenpoint Ave Brooklyn...

Updated Feb 21, 2025

Peak Capital Acquires Multifamily Property In Greenpoint For $3.3M
SOLDMultiFamily

Peak Capital Acquires Multifamily Property In Greenpoint For $3.3M

101 Greenpoint Ave Brooklyn, NY 11222, USA

$3,295,000

$506/SF

Building Size

6,500 SF

Asset Type

MultiFamily

Closing

Nov 18, 2022

About this deal

AI

Located at 101 Greenpoint Avenue in the Greenpoint neighborhood, this recently closed transaction involved the sale of a multifamily property. The property spans 6,500 square feet and consists of 8 units. The sale price for this asset was $3,295,000, resulting in a price per unit of $411,875 and a price per square foot of $507.

Summary of transaction details

Peak Capital, represented by Alex Rabin and David Gomez, acted as the buyer in this transaction. The seller was Wos P. Konrad. The deal was facilitated with the assistance of brokers Mike Salvatico, Shaun Riney, and Sam Leppo from Marcus & Millichap NYM Group. The property's attractive features include its prime location in Greenpoint, just steps from the G Train. Peak Capital is actively seeking value-add multi and mixed-use properties in Western Queens, Brooklyn, and Manhattan. For any new acquisition opportunities, please contact Alex Rabin at [email protected].

Players

Michael Salvatico

Marcus & Millichap

Broker

$840.8M

vol

184 deals

Broker
Shaun Riney
Verified Badge

Shaun Riney

Marcus & Millichap

Broker

$1.9B

vol

377 deals

Broker
David Gomez

David Gomez

Peak Capital Advisors

Buyer

$402.3M

vol

71 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $506 per square foot on a published $3.3M for 6,500 square feet (2022).

Visit Samuel (Sam) Leppo to view all their deals.

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets