148-150 Clinton St, Brooklyn, NY
Property Information
Property Type
Multifamily
Square Footage
15,512
Units
15
Acquisition Date
10/12/2022
Acquisition Price
$9,600,000
Construction Costs
$3,331,000
Other Costs
$3,035,000
Project Duration
5 Years
Stabilized Appraised Value (month 11)
$21,500,000
Expected Sale Value (Month 60)
$23,500,000
IRR
21.23%
Earnings Multiple
2.45x
Before
After
