Updated Dec 2, 2024
Greenbrook Partners & Carlyle Group Acquire Multifamily Portfolio In New York City
18 St Andrews Pl Brooklyn, NY 11216, USA
$11,890,000
$4,954/SF
Building Size
2,400 SF
Asset Type
MultiFamily
Closing
Jul 20, 2023
About this deal
AI
A multifamily property located at 18 Saint Andrews Place, 94 Pilling Street, 68 Linden Street, 1014 Putnam Avenue, 43 Van Buren Street, and 554 Putnam Avenue in New York City has been sold for a total price of $11,890,000. The property spans a total of 2,400 square feet, with an average price per square foot of $4,954.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $11,890,000
- Address: 18 Saint Andrews Place, 94 Pilling Street, 68 Linden Street, 1014 Putnam Avenue, 43 Van Buren Street, 554 Putnam Avenue
- Market: New York City
The buyers of this multifamily property are Greenbrook Partners and Carlyle Group. The seller is Nick Warchola. The transaction was facilitated by broker David Chang from Compass.
On the Map
$11,890,000
$4,954/SF
MultiFamily
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Players
Brooklyn 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
1.33%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93