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88 Linden Boulevard

Updated May 12, 2025

Doron Greenberg And Aviad Ohayon Acquire 88 Linden Boulevard For $28 Million From Prophet Capital Management
SOLDMultiFamily

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:

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

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$28,000,000

$464/SF

MultiFamily

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Players

Ethan Stanton

JLL

Broker

$6.5B

vol

143 deals

Broker

Doron Greenberg

Buyer

$93M

vol

5 deals

Buyer
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $464 per square foot on a published $28M for 60,259 square feet (2025).

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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

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