Updated Aug 20, 2026
SOLDMultiFamily
Prince Mondal Sells Park Slope Multifamily At 270 15th Street For $1.3M
270 15th Street
$1,300,000
$73/SF
Building Size
17,600 SF
Asset Type
MultiFamily
Closing
Aug 5, 2026
About this deal
AI
The property asset involved in this transaction is a MultiFamily building located at 270 15th Street in the Park Slope neighborhood of Brooklyn. The sale was completed for a transaction amount of $1,300,000 with a total of 20 units. The building has a square footage of 17,600, resulting in a price per unit of $65,000 and a price per square foot of $73.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,300,000
- Address: 270 15th Street
- Market: Park Slope, Brooklyn
- Units: 20
- Square Footage: 17,600
- Price Per Unit: $65,000
- Price Per Square Foot: $73
The seller of the property was Prince Mondal. The brokers representing the transaction were Derek Bestreich, Luke Sproviero, Adam Lobel, and Toby Waring from Investment Property Realty Group. It is noted that the building was in AEP with over 500 violations and $600,000 in monetary fines.
On the Map
$1,300,000
$73/SF
MultiFamily
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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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93