Marcello Zuccaro Purchases 4 Clifford Place Multifamily In Brooklyn From Susan McCarthy For $2M
4 Clifford Place
$2,000,000
$1,185/SF
Building Size
1,687 SF
Asset Type
MultiFamily
Closing
Apr 16, 2026
AI
The asset involved in the transaction is a multifamily property located at 4 Clifford Place, Brooklyn. The sale was finalized for $2,000,000, featuring a square footage of 1,687 and a price per square foot of $1,185.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Sale Date: 4/17/2026
- Buyer: Marcello Zuccaro
- Seller: Susan McCarthy
- Brokers: Shaun Riney, Michael (Mike) Salvatico & Harrison Rich - Marcus & Millichap
- Market: Brooklyn
This transaction was facilitated by a highly competitive bidding process orchestrated by the New York Multifamily Group, which has been actively engaged in selling multiple buildings within a 3-block radius along the Greenpoint waterfront. The brokers involved in this transaction are recognized for their extensive experience in the market, establishing a strong track record in the area.
Players
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93