Gabriel Family Purchases Multifamily Property At 109 Greene Avenue Brooklyn For $5M With Broker Lev Mavashev
109 Greene Avenue
$5,000,000
$299/SF
Building Size
16,720 SF
Asset Type
MultiFamily
Closing
Oct 9, 2025
AI
This multifamily property located at 109 Greene Avenue in Brooklyn consists of 16 units and spans a total of 16,720 square feet. The sale price for this asset was $5,000,000, resulting in a price per unit of $312,500 and a price per square foot of $299.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Units: 16
- Square Footage: 16,720
- Price Per Unit: $312,500
- Price Per Square Foot: $299
- Buyer: Gabriel Family
- Broker: Lev Mavashev - Alpha Realty
- Date of Transaction: 10/09/2025
The Gabriel Family acquired the property through the representation of Lev Mavashev from Alpha Realty. This transaction reflects the ongoing activity within the Brooklyn real estate market.
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93