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16 Clifford Place

Updated Aug 17, 2026

Isabel Organ Purchases Multifamily Property At 16 Clifford Place In Greenpoint For $4.375M
SOLDMultiFamily

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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Deal FAQ

About $729 per square foot on a published $4.4M for 6,000 square feet (2026).

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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

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