Jennifer Deluna Purchases Multifamily Property At 576 Carroll Street Brooklyn For $3,745,000
576 Carroll Street
$3,745,000
$1,179/SF
Building Size
3,175 SF
Asset Type
MultiFamily
Closing
May 12, 2026
AI
The property involved in this transaction is a multifamily asset located at 576 Carroll Street in Brooklyn. The sale price was $3,745,000, comprising 2 units. The total square footage of the property is 3,175, resulting in a price per unit of $1,872,500 and a price per square foot of $1,179.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,745,000
- Units: 2
- Square Footage: 3,175
- Price Per Unit: $1,872,500
- Price Per Square Foot: $1,179
- Buyer: Jennifer Deluna
- Seller: Elaine Restler
- Buyer's Representative: Ian Mednick - Compass
The buyer's representative, Ian Mednick, facilitated this transaction and was introduced to the buyer through another brokerage. The buyer was completing a 1031 exchange and sought the representation of an experienced agent in multifamily acquisitions and 1031 exchange requirements. A referral fee was paid to the referring brokerage in this transaction.
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
4.24%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93