Moshe Greenzweig Acquires Multifamily Property In Flatbush, Brooklyn For $6.75M
30 Linden Boulevard, Little Caribbean, Brooklyn, NY, USA
$6,750,000
$159/SF
Building Size
42,231 SF
Asset Type
MultiFamily
Closing
Aug 2, 2020
AI
A multifamily property located at 30 Linden Blvd in Flatbush, Brooklyn has been sold for $6,750,000. The property spans a total of 42,231 square feet with a price per square foot of $159. It consists of 37 units, making the price per unit $182,432. The transaction took place on 08/02/2021 and the property is classified as a tax class 2 asset.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,750,000
- Address: 30 Linden Blvd
- Market: Flatbush, Brooklyn
- Square Footage: 42,231
- Price per Square Foot: $159
- Number of Units: 37
- Price per Unit: $182,432
- Last Sale Price: $3,335,000 (03/2007)
Moshe Greenzweig was the buyer in this transaction, while Barry Rudofsky represented Bronstein Properties as the seller's representative. The previous sale of the property took place on 03/2007 for a price of $3,335,000.
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
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93