SOLDMultiFamily
Greenbrook Partners & Carlyle Group Acquire Multifamily Property On Albany Avenue In Crown Heights For $2.165M
139 Albany Avenue
$2,165,000
$555/SF
Building Size
3,900 SF
Asset Type
MultiFamily
Closing
Oct 4, 2023
AI
The multifamily property located at 139 Albany Avenue in Crown Heights has been sold in a closed transaction. The property spans approximately 3,900 square feet and was sold for a price of $2,165,000, resulting in a price per square foot of $555.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,165,000
- Address: 139 Albany Avenue
- Market: Crown Heights
- Buyer: Greenbrook Partners & Carlyle Group
- Seller: Patrick Callahan
- Brokers: Natalia Harvey & David Chang - Compass
- Square Footage: 3,900
- Price per Square Foot: $555
The buyer of the property was represented by Natalia Harvey and David Chang from Compass..
Players
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
7.33%
Cash-on-Cash
-2.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93