Josephine Gentile Acquires Brooklyn Multifamily Asset From Leonard Feingold & Mary Mandeville For $5.75M
534 Henry Street
$5,750,000
$772/SF
Building Size
7,440 SF
Asset Type
MultiFamily
Closing
Sep 18, 2025
AI
The property asset involved in the transaction is a multifamily building located at 534 Henry Street, Brooklyn. The sale price for this property was $5,750,000. The total square footage of the property is 7,440, which translates to a price per square foot of $772. This was a partial ownership sale valued at $5,750,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,750,000
- Address: 534 Henry Street
- Market: Brooklyn
- Square Footage: 7,440
- Price Per Square Foot: $772
- Buyer: Josephine Gentile
- Seller: Leonard Feingold & Mary Mandeville
- Brokers: Shaun Riney, Michael (Mike) Salvatico & Will Carbonari - Marcus & Millichap
This transaction involved Josephine Gentile as the buyer and Leonard Feingold & Mary Mandeville as the sellers. The representatives for the transaction from Marcus & Millichap were Shaun Riney, Michael (Mike) Salvatico, and Will Carbonari.
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
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93