facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

275 Linden Boulevard

Updated Jun 11, 2025

Harkham Ventures Acquires 101 Unit Multifamily Building From The Eiges Family For $10.8M In Brooklyn
SOLDMultiFamily

Harkham Ventures Acquires 101 Unit Multifamily Building From The Eiges Family For $10.8M In Brooklyn

275 Linden Boulevard

$10,800,000

$79/SF

Building Size

135,714 SF

Asset Type

MultiFamily

Closing

May 29, 2025

About this deal

AI

The multifamily asset located at 275 Linden Boulevard in Brooklyn has been sold for $10,800,000. This property contains 101 units and spans a total of 135,714 square feet, resulting in a price per unit of $106,930 and a price per square foot of $79.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $10,800,000
  • Units: 101
  • Square Footage: 135,714
  • Price Per Unit: $106,930
  • Price Per Square Foot: $79
  • Buyer: Harkham Ventures
  • Seller: The Eiges Family
  • Brokers: Shaun Riney, Daniel Greenblatt & Seth Glasser - Marcus & Millichap

This transaction marks the third building closed for the seller, The Eiges Family, by the brokers involved. The team is actively marketing several other elevator buildings at similar pricing metrics, offering potential opportunities for future transactions.

On the Map

Open live map

$10,800,000

$79/SF

MultiFamily

View full map

Players

Seth Glasser

Marcus & Millichap

Broker

$1.1B

vol

136 deals

Broker
Shaun Riney
Verified Badge

Shaun Riney

Marcus & Millichap

Broker

$1.9B

vol

388 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage
Harkham Ventures
Harkham VenturesBuyer
Bilt advertisement

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $79 per square foot on a published $10.8M for 135,714 square feet (2025).

Visit Seth Glasser to view all their deals.

Browse Brooklyn multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.47%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets