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136 Prospect Park West

Matt Srulowitz Purchases Multifamily Property At 136 Prospect Park West Brooklyn For $7.7M
SOLDMultiFamily

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:

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

Aaron Jungreis

Rosewood Realty Group

Broker

$4.4B

vol

211 deals

Broker

Matt Srulowitz

Buyer

$7.7M

vol

1 deal

Buyer
Sugar Hill Capital Partners
Sugar Hill Capital PartnersSeller

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