Tzach Roitenberg And Tal Kapulnik Acquire Multifamily Property In Park Slope For $3.5M
405 Douglass Street
$3,500,000
$1,166/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Mar 20, 2025
AI
A multifamily property located at 405 Douglass Street in Park Slope, Brooklyn, has been sold for $3.5 million. The asset encompasses an area of 3,000 square feet, resulting in a price per square foot of $1,167. The sale was finalized on March 20, 2025.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,500,000
- Address: 405 Douglass Street
- Market: Park Slope, Brooklyn
- Square Footage: 3,000
- Price per Square Foot: $1,167
- Buyer: Tzach Roitenberg & Tal Kapulnik
- Seller: Rufina Litvak & Stuart Van Leenen
- Date of Sale: March 20, 2025
The buyers of the property are Tzach Roitenberg and Tal Kapulnik, while the sellers are Rufina Litvak and Stuart Van Leenen, signifying the parties involved in this transaction.
Players
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93