Carlyle Group Acquires Multifamily Property In Crown Heights, Brooklyn For $9.15M

Located at 1436 Pacific Street in Crown Heights, Brooklyn, this multifamily property has been sold in a closed transaction. The property features 8 units and spans across 8,764 square feet. The sale price for this property was $9,150,000, resulting in a price per unit of $1,143,750 and a price per square foot of $1,044.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,150,000
• Address: 1436 Pacific Street
• Market: Crown Heights, Brooklyn
• Units: 8
• Price per Unit: $1,143,750
• Square Footage: 8,764
• Price per Square Foot: $1,044

The buyer in this transaction was Carlyle Group, represented by Carter Martin. On the other hand, the seller was Highpoint Property Group, represented by Drew Popkin.