Matt Srulowitz Purchases Multifamily Property At 136 Prospect Park West Brooklyn For $7.7M
136 Prospect Park West
$7,700,000
$374/SF
Building Size
20,562 SF
Asset Type
MultiFamily
Closing
Jun 24, 2026
AI
The asset involved in this transaction is a multifamily property located at 136 Prospect Park West in Brooklyn. The sale concluded with a transaction price of $7,700,000. The property comprises 20 units, totaling 20,562 square feet, which equates to a price per unit of $385,000 and a price per square foot of $374.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,700,000
- Units: 20
- Square Footage: 20,562
- Price per Unit: $385,000
- Price per Square Foot: $374
- Buyer: Matt Srulowitz
- Seller: Sugar Hill Capital Partners
- Brokers: Aaron Jungreis, Ben Khakshoor & Alex Fuchs - Rosewood Realty Group
This transaction includes noteworthy individuals such as Matt Srulowitz, the buyer, and Sugar Hill Capital Partners, the seller. The deal was facilitated by the brokerage team of Aaron Jungreis, Ben Khakshoor, and Alex Fuchs, who represent Rosewood Realty Group in this multifamily transaction.
Players
Market 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
2.06%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93