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
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.
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