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212 Huron Street

Updated May 28, 2025

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

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

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$3,175,000

$577/SF

MultiFamily

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Players

Corey Haynes

Investment Property Realty Group (IPRG)

Broker

$256.5M

vol

64 deals

Broker
Donal Flaherty
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Donal Flaherty

Investment Property Realty Group (IPRG)

Broker

$469M

vol

108 deals

Broker
Anthony Morena

Anthony Morena

Mortar Group

Buyer

$71.4M

vol

13 deals

Buyer
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $577 per square foot on a published $3.2M for 5,500 square feet (2025).

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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

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