Updated Nov 5, 2026
Greenbrook Partners Sells Multifamily Property At 291 7th Avenue, Brooklyn For $6,600,000
291 7th Avenue
$6,600,000
$1,398/SF
Building Size
4,720 SF
Asset Type
MultiFamily
Closing
Oct 15, 2026
About this deal
AI
The property asset involved is a MultiFamily building located at 291 7th Avenue in Brooklyn. This asset comprises 5 units and has a total square footage of 4,720. The property was sold for $6,600,000, resulting in a price per unit of $1,320,000 and a price per square foot of $1,398.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,600,000
- Units: 5
- Square Footage: 4,720
- Price Per Unit: $1,320,000
- Price Per Square Foot: $1,398
- Seller: Greenbrook Partners
- Date of Sale: 10/15/2026
Greg Fournier represented Greenbrook Partners in this transaction, overseeing the sale process and facilitating the deal.
On the Map
$6,600,000
$1,398/SF
MultiFamily
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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
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93