Fred LeCao Of Greenbrook Partners And Harvey Schwartz Of Carlyle Group Acquire Multifamily Asset For $4.6M

The transaction involved the sale of an eight-unit residential building located at 157 Stuyvesant Avenue in Bedford Stuyvesant, Brooklyn. The property was sold for $4,600,000, covering an area of 5,280 square feet, which reflects a price per square foot of $871.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,600,000
• Address: 157 Stuyvesant Avenue
• Market: Bedford Stuyvesant, Brooklyn
• Buyer: Fred LeCao - Greenbrook Partners & Harvey Schwartz - Carlyle Group
• Seller: Rosemary Hayden - SilverRock Development

Fred LeCao and Harvey Schwartz represented their respective firms, Greenbrook Partners and Carlyle Group, in the acquisition of the property. The seller, Rosemary Hayden, acted on behalf of SilverRock Development in this transaction.