facebook
Traded Co logo
Submit

Greenbrook Partners & Carlyle Group Purchase Multifamily Asset In Prospect Heights For $7M

Property Image
SOLD
$7,000,000

New York

See Similar Deals
MultiFamily4,640 SF
Sold 02/21/2024
the dealplayerscompscontact
Property Image
SOLD

Greenbrook Partners & Carlyle Group Purchase Multifamily Asset In Prospect Heights For $7M

186 Saint Marks Avenue

See Similar Deals
MultiFamily4,640 SF
Sold 02/21/2024
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,508
Total Square Footage:4,640 SF
Transaction Type:Sale

The multifamily property located at 186 Saint Marks Avenue in Prospect Heights, Brooklyn was sold for $7,000,000. The property spans 4,640 square feet, resulting in a price per square foot of $1,509. The transaction involved Greenbrook Partners & Carlyle Group as the buyers and Aran Scott as the seller. The deal was facilitated by brokers David Chang & Natalia Harvey from Compass, representing both the buyers and the seller.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,000,000
  • Address: 186 Saint Marks Avenue
  • Market: Prospect Heights, Brooklyn
  • Buyer: Greenbrook Partners & Carlyle Group
  • Seller: Aran Scott
  • Brokers: David Chang & Natalia Harvey - Compass ; Aran Scott
  • SF: 4,640
  • PPSF: $1,509

The transaction at 186 Saint Marks Avenue involved key individuals and companies in the real estate deal. Greenbrook Partners & Carlyle Group acquired the property from the seller, Aran Scott. The brokers who played a crucial role in the deal were David Chang & Natalia Harvey from Compass, who represented the buyers and the seller, Aran Scott. This successful transaction highlights the collaborative efforts of the parties involved in the sale of this multifamily asset.

Players

David Chang
46 deals$211.7M volume(914) 420-1985
BROKER

Natalia Harvey
Compass
18 deals$63.2M volume(312) 918-3908
BROKER

Details

SOLD
IMAGE: David Chang & Natalia Harvey DATE: 02/21/2024 ADDRESS: 186 Saint Marks Avenue MARKET: Prospect Heights, Brooklyn ASSET TYPE: Multifamily BUYER: Greenbrook Partners & Carlyle Group (@OneCarlyle) SELLER: Aran Scott (@Aran_Scott) BROKERS: David Chang (@DavidChangNY) & Natalia Harvey (@Nat_alia_NYC) - Compass (@Compass); Aran Scott SALE PRICE: $7,000,000 SF: 4,640 ~ PPSF: $1,509

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$373,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$24,869.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,183.57
Annual Debt Service$398,202.85