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
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
3.12%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93