Updated May 28, 2025
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
About this deal
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.
On the Map
$3,175,000
$577/SF
MultiFamily
View full map
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Luke Sproviero to view all their deals.
Browse Brooklyn multifamily sales on Traded.
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