Updated Sep 3, 2026
Greg Fournier Of Greenbrook Partners Sells Multifamily Property In Brooklyn For $4,161,956
854 Prospect Place
$4,161,956
$1,774/SF
Building Size
2,346 SF
Asset Type
MultiFamily
Closing
Aug 20, 2026
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 854 Prospect Place in Brooklyn. The sale price was $4,161,956, and the property encompasses a total of 2,346 square feet, resulting in a price per square foot of $1,774.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,161,956
- Address: 854 Prospect Place
- Market: Brooklyn
- Square Footage: 2,346
- Price per Square Foot: $1,774
- Buyer: Greg Fournier - Greenbrook Partners
- Seller: Greg Fournier - Greenbrook Partners
Greg Fournier, representing both the buyer and seller through Greenbrook Partners, executed the transfer of interest in the property from 854 PROSPECT PL, LLC, to 854 PROSPECT P 3L, LLC. The property was originally purchased for $2,050,000 on 11/19/2024.
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
3.81%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93