Goldman Sachs & Dermot Acquire Multifamily Building In Brooklyn Bridge Park, Brooklyn For $90M

The multifamily property located at 15 Bridge Park Dr. in Brooklyn Bridge Park, Brooklyn has been sold in a closed transaction. The sale was brokered by Adam Spies, Adam Doneger, Dan O'Brien, and Avery Silverstein from Cushman & Wakefield. The buyers were Goldman Sachs and Dermot, while the sellers were RAL and Vanke. The transaction took place on September 8, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $90,000,000
• Address: 15 Bridge Park Dr., Brooklyn, NY
• Market: Brooklyn Bridge Park, Brooklyn

The property consists of 140 units, with a price per unit of $642,857. The total square footage of the property is 137,945, with a price per square foot of $65. This transaction signifies a significant investment in the multifamily market in Brooklyn Bridge Park.

Goldman Sachs and Dermot acted as the buyers, while RAL and Vanke were the sellers in this deal. The brokers involved were Adam Spies, Adam Doneger, Dan O'Brien, and Avery Silverstein from Cushman & Wakefield. Their expertise and negotiation skills played a vital role in the successful completion of this transaction.