facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

212 Huron Street

Anthony Morena Of Mortar Group Purchases 212 Huron Street Multifamily In Greenpoint For $3.175M
SOLDMultiFamily

Anthony Morena Of Mortar Group Purchases 212 Huron Street Multifamily In Greenpoint For $3.175M

212 Huron Street

$3,175,000

$577/SF

Building Size

5,500 SF

Asset Type

MultiFamily

Closing

May 15, 2025

AI

The property asset involved in this transaction is a multifamily building located at 212 Huron Street in Greenpoint, Brooklyn. The sale price for this asset was $3,175,000, encompassing a total of 8 units. The building has a square footage of 5,500, resulting in a price per unit of $396,875 and a price per square foot of $577.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,175,000
  • Address: 212 Huron Street
  • Market: Greenpoint, Brooklyn
  • Units: 8
  • Square Footage: 5,500
  • Price Per Unit: $396,875
  • Price Per Square Foot: $577
  • Buyer: Anthony Morena - Mortar Group
  • Seller: James Sosa & James Veneski
  • Broker Representatives: Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura & Sal Monteverde - Investment Property Realty Group (IPRG)

The transaction involved the buyer, Anthony Morena from Mortar Group, acquiring the property from sellers James Sosa and James Veneski. The deal was facilitated by a team of broker representatives from Investment Property Realty Group, which included Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura, and Sal Monteverde.

Players

Corey Haynes

Investment Property Realty Group (IPRG)

Broker

$228M

vol

62 deals

Broker
Donal Flaherty
Verified Badge

Donal Flaherty

Investment Property Realty Group (IPRG)

Broker

$367.7M

vol

101 deals

Broker
Anthony Morena

Anthony Morena

Mortar Group

Buyer

$69.3M

vol

12 deals

Buyer

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.00%

Cash-on-Cash

-1.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93