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Black Horse Capital Acquires Multifamily Property In Greenpoint, Brooklyn For $2.375M

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SOLD
$2,375,000

New York

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MultiFamily48,750 SF
Sold 10/05/2020
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Property Image
SOLD

Black Horse Capital Acquires Multifamily Property In Greenpoint, Brooklyn For $2.375M

236 Kingsland Ave, Brooklyn, NY 11222, USA

See Similar Deals
MultiFamily48,750 SF
Sold 10/05/2020
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$48
Total Square Footage:48,750 SF
Transaction Type:Sale

Located in Greenpoint, Brooklyn, the multifamily property at 236 Kingsland Avenue has been sold in a recent transaction. The estate of Cecilia Markowski served as the seller in the deal, while Black Horse Capital, represented by Stefanie Rosenzweig and Christopher Terlik, acted as the buyer. The property was listed and facilitated by Derek Bestreich, Luke Sproviero, Donal Flaherty, and Hakeem Lecky from the Bestreich Realty Group.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,375,000
  • Market: Greenpoint, Brooklyn
  • Buyer: Black Horse Capital – Stefanie Rosenzweig & Christopher Terlik
  • Seller: Estate of Cecilia Markowski
  • Brokers: Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky - Bestreich Realty Group

This transaction highlights the involvement of key individuals and companies, showcasing their roles in the deal. The buyer, Stefanie Rosenzweig and Christopher Terlik from Black Horse Capital, recognized the value of the property and moved forward with the purchase. On the other side, the estate of Cecilia Markowski decided to sell the multifamily asset. Facilitating the transaction were Derek Bestreich, Luke Sproviero, Donal Flaherty, and Hakeem Lecky from the Bestreich Realty Group.

Players

BUYER

3 deals$6.6M volume
BUYER

Details

SOLD
IMAGE: Luke Sproviero, Derek Bestreich, Donal Flaherty, Hakeem Lecky DATE: 10/05/2020 ADDRESS: 236 Kingsland Avenue MARKET: Greenpoint, Brooklyn ASSET TYPE: Multifamily BUYER: Black Horse Capital – Stefanie Rosenzweig & Christopher Terlik SELLER: Estate of Cecilia Markowski BROKERS: @BRG_CRE Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky – Bestreich Realty Group PRICE: $2,375,000 SF: […]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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