Updated Aug 17, 2026
Isabel Organ Purchases Multifamily Property At 16 Clifford Place In Greenpoint For $4.375M
16 Clifford Place
$4,375,000
$729/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Aug 4, 2026
About this deal
AI
Isabel Organ purchased a multifamily property located at 16 Clifford Place in Greenpoint, Brooklyn. The property spans 6,000 square feet and was sold for $4.375 million, which equates to $729 per square foot. The sale was completed on August 4, 2026, with Kenro Matsuki as the seller.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,375,000
- Square Footage: 6,000
- Price per Square Foot: $729
- Market: Greenpoint, Brooklyn
- Buyer: Isabel Organ
- Seller: Kenro Matsuki
- Sale Date: August 4, 2026
This transaction involved Isabel Organ acquiring the property from Kenro Matsuki, marking a significant deal in the Brooklyn residential market. The transaction reflects the ongoing activity in the multifamily sector within the area.
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
3.63%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93