Updated Dec 4, 2024
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
About this deal
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
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
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93