Updated May 26, 2025
Anthony Morena Of Mortar Group Acquires 8-Unit MultiFamily At 212 Huron Street For $3.2M
212 Huron Street
$3,200,000
Units
8
Asset Type
MultiFamily
Closing
May 15, 2025
About this deal
AI
A multi-family property located at 212 Huron Street in Greenpoint, Brooklyn has been sold. The property consists of 8 units and was purchased for a total of $3,200,000, resulting in a price per unit of $400,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,200,000
- Address: 212 Huron Street
- Market: Greenpoint, Brooklyn
- Units: 8
- Price per Unit: $400,000
- Buyer: Anthony Morena - Mortar Group
- Seller: James Vaneski
Mortar Group, represented by 212 Huron MG LLC, completed the acquisition of the property from James Vaneski, highlighting the partnership between the buyer's interests and the seller's ownership in this transaction.
Players
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93