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Greenbrook Partners And Carlyle Group Acquire Multifamily Asset In Bushwick For $5.1M

Property Image
SOLD
$5,100,000
Sam Rubin
Tom Reynolds
+ 4

New York

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MultiFamily7,796 SF
Sold 03/05/2025
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Property Image
SOLD

Greenbrook Partners And Carlyle Group Acquire Multifamily Asset In Bushwick For $5.1M

138 Schaefer Street

See Similar Deals
MultiFamily7,796 SF
Sold 03/05/2025
Sam Rubin
Tom Reynolds
+ 4
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$654
Total Square Footage:7,796 SF
Transaction Type:Sale

The property located at 138 Schaefer Street in Bushwick, Brooklyn consists of 8 multifamily units. The asset, which has a total square footage of 6,329, was sold for a transaction amount of $5,100,000, resulting in a price per unit of $637,500 and a price per square foot of $805.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $5,100,000
  • Units: 8
  • Square Footage: 6,329
  • Price Per Unit: $637,500
  • Price Per Square Foot: $805
  • Buyer: Greenbrook Partners & Carlyle Group
  • Seller: Sam Rubin
  • Brokers: Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila, Noah Middlekauff & Joe Moravec - Investment Property Realty Group (IPRG)

This transaction involved key representatives from the brokerage firm Investment Property Realty Group (IPRG), including Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila, Noah Middlekauff, and Joe Moravec, who facilitated the sale between the buyer and seller.

Players

Brian Davila
108 deals$283.4M volume(718) 360-8849
BROKER

Derek Bestreich
Investment Property Realty Group (IPRG)
312 deals$1.1B volume(718) 360-8802
BROKER

Tom Reynolds
Investment Property Realty Group (IPRG)
98 deals$292.3M volume(718) 360-8817
BROKER

Steve Reynolds
Investment Property Realty Group (IPRG)
133 deals$364.4M volume(718) 360-8807
BROKER

Noah Middlekauff
Investment Property Realty Group (IPRG)
13 deals$37.8M volume(718) 360-8557
BROKER

Joe Moravec
Investment Property Realty Group (IPRG)
4 deals$13.2M volume(718) 360-5935
BROKER

Carlyle Group
BUYER


Sam Rubin
5 deals$14.4M volume
SELLER

Details

SOLD
IMAGE: Derek Bestreich, Steve Reynolds, Brian Davila, Noah Middlekauff & Tom Reynolds DATE: 03/05/2025 ADDRESS: 138 Schaefer Street MARKET: Bushwick, Brooklyn ASSET TYPE: Multifamily BUYER: Greenbrook Partners & Carlyle Group SELLER: Sam Rubin BROKERS: Derek Bestreich, Steve Reynolds (@SteveReynoldsNYC), Tom Reynolds (@TomReynolds_CRE), Brian Davila (@Vills25), Noah Middlekauff (@NoahMiddlekauff_NY) & Joe Moravec - Investment Property Realty Group (IPRG) (@IPRG_NY) SALE PRICE: $5,100,000 UNITS: 8 ~ PPU: $637,500 SF: 6,329 ~ PPSF: $805

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