Greenbrook Partners & Carlyle Group Acquire Multifamily Asset In Bushwick For $3.24M
SOLD
$3,240,000
New York
See Similar DealsMultiFamily4,247 SF
Sold 03/05/2024
SOLD
Greenbrook Partners & Carlyle Group Acquire Multifamily Asset In Bushwick For $3.24M
234 Saint Nicholas Avenue
See Similar DealsMultiFamily4,247 SF
Sold 03/05/2024
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$762
Total Square Footage:4,247 SF
Transaction Type:Sale
The multifamily property located at 234 Saint Nicholas Avenue in Bushwick was recently sold for $3,240,000. Spanning 4,247 square feet, the property comprises 5 units, resulting in a price per square foot of $763 and a per unit price of $648,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,240,000
- Address: 234 Saint Nicholas Avenue
- Market: Bushwick
- Buyer: Greenbrook Partners & Carlyle Group
- Seller: Patrick Callahan
- Brokers: David Chang & Natalia Harvey - Compass
- Square Footage: 4,247
- Price per Square Foot: $763
- Units: 5
- Price per Unit: $648,000
The deal was facilitated by David Chang and Natalia Harvey from Compass, representing the parties involved in this property transaction.
Players
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)
$172,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,511.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,359.25
Annual Debt Service$184,311.04
Is there something missing? Send suggestions