Greenbrook Partners & Carlyle Group Acquire Multifamily Property In Brooklyn For $4.7M
147 Stanhope Street
$4,700,000
$783/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
May 9, 2023
AI
Located at 147 Stanhope Street in Brooklyn, this multifamily property was recently sold in a closed transaction. The property spans over 1,300 square feet and was sold for a price of $4,700,000, resulting in a price per square foot of $3,615.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,700,000
- Address: 147 Stanhope Street
- Market: Brooklyn
The buyers of the property were Greenbrook Partners and Carlyle Group, while the seller was Natalia Harvey. Representing the transaction was David Chang from Compass.
With this sale, Greenbrook Partners and Carlyle Group have made a significant investment in the Brooklyn multifamily market.
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93