Updated Jun 5, 2026
Berkley Properties Sells 98 Unit Multifamily Property At 26 Meadowbrook Drive In Slingerlands
26 Meadowbrook Drive
Building Size
91,303 SF
Asset Type
MultiFamily
Closing
Apr 30, 2026
About this deal
AI
Meadowbrook Apartments is a multifamily property consisting of 98 units, totaling approximately 91,303 square feet. It is located at 26 Meadowbrook Drive in Slingerlands, New York.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 98
- Square Footage: 91,303
- Seller: Berkley Properties
- Broker: Michael Hunter Coghill - Adirondack Capital Partners
- Date of Sale: 5/1/2026
Michael Hunter Coghill from Adirondack Capital Partners represented the seller, Berkley Properties, in this transaction. Adirondack Capital Partners successfully arranged the sale of the property.
On the Map
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93