Greenbrook Partners & Carlyle Group Acquire Multifamily In Bedford-Stuyvesant For $15.7M

A multifamily property located in Bedford-Stuyvesant, New York City has been sold for a total price of $15,715,000. The property spans across 2,400 square feet, resulting in a price per square foot of $6,548. The address of the property is 18 Saint Andrews Place, 94 Pilling Street, 68 Linden Street, 1014 Putnam Avenue, 43 Van Buren Street, 554 Putnam Avenue, 42 Eldert Street, and 360 Quincy Street. This transaction took place on July 20, 2023.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,715,000
• Square Footage: 2,400
• Price per Square Foot: $6,548
• Market: Bedford-Stuyvesant, New York City

The buyer of the property is a joint venture between Greenbrook Partners and Carlyle Group, while the seller is Nick Warchola. Representing the buyer in this transaction is David Chang from Compass, and Mark Martov from The Corcoran Group served as the seller's representative.