Leonard Wadler Sells Multifamily Asset At 1220 Greene Avenue Brooklyn For $1.22M With Broker Jessie Lookfong
1220 Greene Avenue
$1,220,000
$367/SF
Building Size
3,324 SF
Asset Type
MultiFamily
Closing
Mar 3, 2026
AI
The property asset involved in this transaction is a multifamily building located at 1220 Greene Avenue in Brooklyn. The sale price was $1,220,000, and the building comprises 2 units. The total square footage is 3,324, resulting in a price per unit of $610,000 and a price per square foot of $367.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,220,000
- Units: 2
- Square Footage: 3,324
- Price Per Unit: $610,000
- Price Per Square Foot: $367
- Seller: Leonard Wadler
- Broker: Jessie Lookfong - Capri Jet Realty
This transaction featured Leonard Wadler as the seller, with representation from broker Jessie Lookfong of Capri Jet Realty, who facilitated the deal on behalf of the seller. The transaction reflects the active multifamily market in the Brooklyn area.
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.00%
Cash-on-Cash
-3.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93