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1220 Greene Avenue

Leonard Wadler Sells Multifamily Asset At 1220 Greene Avenue Brooklyn For $1.22M With Broker Jessie Lookfong
SOLDMultiFamily

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.

Players

Jessie Lookfong

Capri Jet Realty

Broker

$30.4M

vol

14 deals

Broker

Brooklyn 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

13.00%

Cash-on-Cash

-3.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93