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405 Douglass Street

Updated Apr 8, 2025

Tzach Roitenberg And Tal Kapulnik Acquire Multifamily Property In Park Slope For $3.5M
SOLDMultiFamily

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

About this deal

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.

On the Map

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$3,500,000

$1,166/SF

MultiFamily

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Players

Stuart Van Leenen

Seller

$13M

vol

3 deals

Seller
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $3.5M for 3,000 square feet (2025).

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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

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