Updated Nov 26, 2025
Oren Noy Acquires Multifamily Property From Eugene Torhan In Brooklyn For $1.65M
185 Greenpoint Avenue
$1,650,000
$440/SF
Building Size
3,750 SF
Asset Type
MultiFamily
Closing
Nov 11, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 185 Greenpoint Avenue in Brooklyn. The sale price was $1,650,000, comprising 6 units with a price per unit of $275,000. The total square footage of the asset is 3,750, resulting in a price per square foot of $440.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Units: 6
- Price Per Unit: $275,000
- Square Footage: 3,750
- Price Per Square Foot: $440
- Buyer: Oren Noy
- Seller: Eugene Torhan
- Broker: Sam Perry - Raven Property Advisors
The deal involved the buyer Oren Noy purchasing the property from seller Eugene Torhan, facilitated by broker Sam Perry, who represents Raven Property Advisors in the transaction.
On the Map
$1,650,000
$440/SF
MultiFamily
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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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93