Updated Oct 21, 2026
SOLDMultiFamily
Stuart Van Leenen Purchases Multifamily Property At 460 15th Street Brooklyn For $3.25M
460 15th Street
$3,250,000
$383/SF
Building Size
8,484 SF
Asset Type
MultiFamily
Closing
Oct 8, 2026
About this deal
AI
The property asset involved in this transaction is located at 460 15th Street in the Brooklyn market. This MultiFamily asset was sold for a price of $3,250,000, comprising 8 units. The total square footage of the property is 8,484, which translates to a price per square foot of $383 and a price per unit of $406,250.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $3,250,000
- Units: 8
- Square Footage: 8,484
- Price Per Square Foot: $383
- Price Per Unit: $406,250
- Buyer: Stuart Van Leenen
- Seller: George Kojakafyan
- Brokers: Adam Lobel, Derek Bestreich, Toby Waring & Luke Sproviero - Investment Property Realty Group
Key individuals involved in this transaction include the buyer, Stuart Van Leenen, and the seller, George Kojakafyan. The deal was facilitated by the broker representatives from Investment Property Realty Group, comprising Adam Lobel, Derek Bestreich, Toby Waring, and Luke Sproviero.
On the Map
$3,250,000
$383/SF
MultiFamily
View full map
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Toby Waring to view all their deals.
Browse Brooklyn multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93