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161 Prospect Park West

Duc Huang Acquires Multifamily Property From Greenbrook In Brooklyn For $1.6M
SOLDMultiFamily

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

Aaron Jungreis

Rosewood Realty Group

Broker

$4.4B

vol

207 deals

Broker

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