Andrew MacArthur & Millie Perry Sell Multifamily Property In Fort Greene For $7.2 Million
156 Lafayette Avenue
$7,200,000
$1,744/SF
Building Size
4,128 SF
Asset Type
MultiFamily
Closing
Apr 23, 2026
AI
156 Lafayette Avenue is a multifamily property located in Fort Greene, Brooklyn, encompassing a total area of 4,128 square feet. The recent sale of this asset closed on April 23, 2026, with the transaction price set at $7,200,000, equating to approximately $1,744 per square foot.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $7,200,000
- Address: 156 Lafayette Avenue
- Market: Fort Greene, Brooklyn
- Square Footage: 4,128 SF
- Price Per Square Foot: $1,744
- Seller: Andrew MacArthur & Millie Perry
The transaction involved sellers Andrew MacArthur and Millie Perry, who executed the sale of the property. This deal reflects market activity within the multifamily sector of the Fort Greene area.
Players
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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93