facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

138 Schaefer Street

Greenbrook Partners And Carlyle Group Acquire Multifamily Property On Schaefer Street For $5.1M
SOLDMultiFamily

Greenbrook Partners And Carlyle Group Acquire Multifamily Property On Schaefer Street For $5.1M

138 Schaefer Street

$5,100,000

$688/SF

Building Size

7,410 SF

Asset Type

MultiFamily

Closing

Mar 5, 2025

AI

The asset involved in this transaction is a multifamily property located at 138 Schaefer Street in Brooklyn. The sale price was $5,100,000, with the property consisting of 8 units. It has a total square footage of 7,410, translating to a price per unit of $637,500 and a price per square foot of $688.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,100,000
  • Units: 8
  • Square Footage: 7,410
  • Price Per Unit: $637,500
  • Price Per Square Foot: $688
  • Buyer: Greenbrook Partners & Carlyle Group
  • Seller: Nelson Kim
  • Buyer's Representative: David Chang & Natalia Harvey - Compass
  • Seller's Representative: Derek Bestreich - Investment Property Realty Group

Greenbrook Partners and Carlyle Group were the buyers of the multifamily property, while the seller was Nelson Kim. David Chang and Natalia Harvey represented the buyers through Compass, and the seller was represented by Derek Bestreich from Investment Property Realty Group.

Players

Derek Bestreich

Investment Property Realty Group (IPRG)

Broker

$1.1B

vol

312 deals

Broker
Carlyle Group
Carlyle GroupBuyer

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93