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109 Greene Avenue

Gabriel Family Purchases Multifamily Property At 109 Greene Avenue Brooklyn For $5M With Broker Lev Mavashev
SOLDMultiFamily

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

Lev Mavashev

Alpha Realty

Broker

$742M

vol

106 deals

Broker
Alpha Realty
Alpha RealtyBrokerage

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