facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

78 Meserole Avenue

Ariel Shalom Sells Multifamily Property At 78 Meserole Avenue In Greenpoint For $8.895M
SOLDMultiFamily

Ariel Shalom Sells Multifamily Property At 78 Meserole Avenue In Greenpoint For $8.895M

78 Meserole Avenue

$8,895,000

$1,681/SF

Building Size

5,290 SF

Asset Type

MultiFamily

Closing

Jun 10, 2024

AI

The multifamily asset located at 78 Meserole Avenue in the Greenpoint neighborhood of Brooklyn was sold for a price of $8,895,000. The property consists of 3 units and has a total square footage of 5,290, resulting in a price per unit of $2,965,000 and a price per square foot of $1,681.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,895,000
  • Units: 3
  • Square Footage: 5,290
  • Price Per Unit: $2,965,000
  • Price Per Square Foot: $1,681
  • Seller: Ariel Shalom
  • Broker: Yuval Vidal - Compass
  • Date of Transaction: 06/10/2024

Ariel Shalom acted as the seller in this transaction, with representation from broker Yuval Vidal of Compass. The deal reflects a significant engagement in the local multifamily market, highlighting the activity of brokers in facilitating property sales in Brooklyn.

Players

Yuval Vidal

Compass

Broker

$16.4M

vol

3 deals

Broker

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.78%

Cash-on-Cash

-0.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93