Croce Family Purchases 6-Unit Multifamily Property From Ramos Family For $1,050,000 In Brooklyn
94 Harrison Place
$1,050,000
$202/SF
Building Size
5,175 SF
Asset Type
MultiFamily
Closing
May 14, 2026
AI
The property involved in this transaction is a MultiFamily asset located at 94 Harrison Place in Brooklyn. The transaction was completed at a sale price of $1,050,000, with a total of 6 units. The property encompasses a square footage of 5,175, resulting in a price per unit of $175,000 and a price per square foot of $202.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,050,000
- Units: 6
- Square Footage: 5,175
- Price Per Unit: $175,000
- Price Per Square Foot: $202
- Buyer: Croce Family
- Seller: Ramos Family
- Seller's Representative: Peter Matheos & Isaiah Thomas - Matheos Realty Group
In this transaction, the Croce Family acted as the buyer, while the Ramos Family served as the seller. The seller's representation was provided by Peter Matheos and Isaiah Thomas from Matheos Realty Group, who facilitated the deal.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93