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2802 Clarendon Road

Alfred Smyth Acquires Brooklyn Multifamily Asset From Mark Johnson For $2.3M
SOLDMultiFamily

Alfred Smyth Acquires Brooklyn Multifamily Asset From Mark Johnson For $2.3M

2802 Clarendon Road

$2,300,000

$70/SF

Building Size

32,800 SF

Asset Type

MultiFamily

Closing

Aug 20, 2025

AI

The property asset involved in the transaction is a multifamily building located at 2802 Clarendon Road in Brooklyn. It has a sale price of $2,300,000, consists of 38 units, and offers a total square footage of 32,800, resulting in a price per unit of $60,526 and a price per square foot of $70.

Summary of transaction details:

The transaction was facilitated by brokers from Rosewood Realty Group, specifically Aaron Jungreis, Ben Khakshoor, Alex Fuchs, and Mike Kerwin, representing both the buyer and seller in the deal.

Players

Aaron Jungreis

Rosewood Realty Group

Broker

$4.4B

vol

207 deals

Broker
Rosewood Realty Group
Rosewood Realty GroupBrokerage

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93