Greenbrook Partners & Carlyle Group Acquire MultiFamily Property On Cornelia Street For $2.4M
SOLD
$2,400,000
New York
See Similar DealsMultiFamily2,565 SF
Sold 02/27/2023
SOLD
Greenbrook Partners & Carlyle Group Acquire MultiFamily Property On Cornelia Street For $2.4M
231 Cornelia Street
See Similar DealsMultiFamily2,565 SF
Sold 02/27/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$935
Total Square Footage:2,565 SF
Transaction Type:Sale
The multi-family property located at 231 Cornelia Street in New York City has been sold for $2,400,000. The property spans across 2,565 square feet, resulting in a price per square foot of $936. The transaction took place on February 27, 2023. The property was acquired by Greenbrook Partners and Carlyle Group.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $2,400,000
- Size: 2,565 square feet
- Price per Square Foot: $936
- Address: 231 Cornelia Street, New York City
- Market: New York City
The sale of 231 Cornelia Street was facilitated by David Chang from Compass. Daniel Cohen, representing The Daniel Cohen Team, served as the seller. It is worth noting that no additional details were provided about the buyer's broker representative.
Players
BUYER
BUYER
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
Is there something missing? Send suggestions