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185 Greenpoint Avenue

Oren Noy Acquires Multifamily Property From Eugene Torhan In Brooklyn For $1.65M
SOLDMultiFamily

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

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.

Players

Sam Perry

Raven Property Advisors

Broker

$58.7M

vol

8 deals

Broker

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