Carlyle Group Acquires Multifamily Property In Bushwick For $3.62M

The multifamily property located at 1228 Putnam Avenue in Bushwick, Brooklyn, was sold for $3,617,180. This property consists of 6 units with a total area of 5,095 square feet, resulting in a price per unit of $602,863 and a price per square foot of $710.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,617,180
• Address: 1228 Putnam Avenue
• Market: Bushwick, Brooklyn
• Units: 6
• SF: 5,095
• PPU: $602,863
• PPSF: $710

David Chang from Compass represented the buyer, Carlyle Group, in this transaction. The seller, represented by Mark Martov from The Corcoran Group, successfully closed the deal for this multifamily property.