Duc Huang Acquires Multifamily Property From Greenbrook In Brooklyn For $1.6M
161 Prospect Park West
$1,600,000
$167/SF
Building Size
9,576 SF
Asset Type
MultiFamily
Closing
Jun 23, 2026
AI
The property asset involved in the transaction is a multifamily building located at 161 Prospect Park West, Brooklyn. The sale price of the property was $1,600,000, which encompasses a total of 8 units. The building has a total square footage of 9,576, resulting in a price per unit of $200,000 and a price per square foot of $167.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Buyer: Duc Huang
- Seller: Greenbrook
- Total Units: 8
- Total Square Footage: 9,576
- Price Per Unit: $200,000
- Price Per Square Foot: $167
- Brokers: Aaron Jungreis, Alex Fuchs & Ben Khakshoor - Rosewood Realty Group
The transaction involved key individuals from Rosewood Realty Group, with Aaron Jungreis, Alex Fuchs, and Ben Khakshoor representing both parties. Their expertise facilitated the completion of the deal between the buyer, Duc Huang, and the seller, Greenbrook.
Players
Market 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93