Eric Orlofsky Of Center Street Capital Acquires Multifamily Building In Greenpoint For $4.4M
158 Green Street
$4,400,000
$222/SF
Building Size
19,750 SF
Asset Type
MultiFamily
Closing
Nov 6, 2025
AI
A multifamily building located at 158 Green Street in Greenpoint, Brooklyn has been sold. The property comprises 24 units, with a total square footage of 19,750. The sale was finalized for $4,400,000, translating to a price per square foot of approximately $223.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,400,000
- Address: 158 Green Street
- Market: Greenpoint, Brooklyn
- Square Footage: 19,750
- Price Per Square Foot: $223
- Buyer: Eric Orlofsky - Center Street Capital
- Seller: Edgar Casablanca
- Transaction Date: 11/06/2025
Eric Orlofsky represented Center Street Capital in this transaction, acquiring the property from seller Edgar Casablanca. The deal indicates the continued investment activity in the multifamily sector within the Greenpoint area.
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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93