Updated Sep 17, 2026
David Manheimer Of Brooklyn Standard Properties Sells Multifamily Property In Greenpoint For $3,250,000
151 Dupont Street
$3,250,000
$650/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Aug 27, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily building located at 151 Dupont Street in the Greenpoint neighborhood of Brooklyn. The sale price was $3,250,000, comprising 8 units across a total square footage of 5,000, resulting in a price per unit of $406,250 and a price per square foot of $650.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Units: 8
- Square Footage: 5,000
- Price Per Unit: $406,250
- Price Per Square Foot: $650
- Seller: David Manheimer - Brooklyn Standard Properties
- Brokers: Matthew Cosentino & Daniel Chung - Terra CRG
- Date of Transaction: 08/27/2026
The individuals involved in the deal include David Manheimer representing the seller through Brooklyn Standard Properties, while the brokers facilitating the transaction are Matthew Cosentino and Daniel Chung from Terra CRG, ensuring the process was completed effectively in the Brooklyn market.
Players
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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93