Pintkovsky Family Sells Package Deal Of Three Two Bedroom Apartments In Brooklyn For $1.1M
411 Clinton Street
$1,100,000
$478/SF
Building Size
2,300 SF
Asset Type
Package Deal
Closing
Mar 24, 2026
AI
The asset involved in this transaction is a package deal located at 411 Clinton Street in Brooklyn. The sale price was $1,100,000, encompassing a total square footage of 2,300, which breaks down to a price per square foot of $478. The property consists of three two-bedroom apartments, including one free market unit and two rent-stabilized units, and it features a 3% cap rate.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $1,100,000
- Square Footage: 2,300
- Price per Square Foot: $478
- Market: Brooklyn
- Seller: Pintkovsky Family
- Broker: Matt Fotis - Marcus & Millichap
The transaction was facilitated by Matt Fotis representing the seller, the Pintkovsky Family, through the agency Marcus & Millichap. This deal highlights the activity within the Carroll Gardens condo market, emphasizing its structure and the range of apartments included within the sale.
Players
Brooklyn Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93