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114 Prospect Place

Greenbrook Partners Sells MultiFamily Asset At 114 Prospect Place Brooklyn For $5,076,568
SOLDMultiFamily

Greenbrook Partners Sells MultiFamily Asset At 114 Prospect Place Brooklyn For $5,076,568

114 Prospect Place

$5,076,568

$1,038/SF

Building Size

4,890 SF

Asset Type

MultiFamily

Closing

Jun 30, 2026

AI

The transaction involved a multi-family asset located at 114 Prospect Place in Brooklyn. The sale was finalized for $5,076,568 with a total of 4 units. The property spans a square footage of 2,860, resulting in a price per unit of $1,269,142 and a price per square foot of $1,775.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $5,076,568
  • Units: 4
  • Square Footage: 2,860
  • Price per Unit: $1,269,142
  • Price per Square Foot: $1,775
  • Seller: Greenbrook Partners
  • Date of Sale: 06/30/2026

The deal was conducted by the seller, Greenbrook Partners, representing their interests in the transaction. The parties involved ensured successful completion on the specified date without any detailed representation of other stakeholders.

Players

Greenbrook Partners
Greenbrook PartnersSeller

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

3.12%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93