Updated May 12, 2025
Doron Greenberg And Aviad Ohayon Acquire 88 Linden Boulevard For $28 Million From Prophet Capital Management
88 Linden Boulevard
$28,000,000
$464/SF
Building Size
60,259 SF
Asset Type
MultiFamily
Closing
Apr 30, 2025
About this deal
AI
The asset involved in this transaction is a multifamily property located at 88 Linden Boulevard in the Prospect Lefferts Gardens market. The property has a sale price of $28,000,000 and consists of 66 units, yielding a price per unit of $424,242. The total square footage of the property is 60,259.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $28,000,000
- Units: 66
- Price Per Unit: $424,242
- Square Footage: 60,259
- Buyer: Doron Greenberg & Aviad Ohayon – GO-RE Partners
- Seller: Prophet Capital Management, Limited
- Brokers: Jeffrey Julien, Rob Hinckley, Steven Rutman & Ethan Stanton - JLL
Key individuals in this transaction include the buyers Doron Greenberg and Aviad Ohayon, representing GO-RE Partners. The sellers are Prophet Capital Management, Limited. The brokerage team from JLL, consisting of Jeffrey Julien, Rob Hinckley, Steven Rutman, and Ethan Stanton, facilitated the transaction.
On the Map
$28,000,000
$464/SF
MultiFamily
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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
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93