David Natanov's Greenroad Capital Acquires Multifamily In Prospect Park South For $26.7M
111 Woodruff Avenue, Brooklyn, NY 11226
$26,700,000
$351/SF
Building Size
76,000 SF
Asset Type
MultiFamily
Closing
Nov 14, 2018
AI
The multifamily property located at 111 Woodruff Ave & 11 Crooke Avenue in Prospect Park South was recently sold. The sale was facilitated by Erik Yankelovich of GFI Realty Services LLC. The transaction took place on November 15, 2018, and was captured in a photograph by Erik Yankelovich.
Summary of Transaction Details
- Property Type: Multifamily
- Sale Price: $26,700,000
- Square Footage: 76,000
- Price per Square Foot: $351
- Market: Prospect Park South
The seller of the property was Nessim Tamman, while the buyer was David Natanov of Greenroad Capital. Erik Yankelovich acted as the broker representing the buyer in the transaction.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93