facebook
Traded Co logo
Submit

Greenbrook Partners & Carlyle Group Acquire MultiFamily Property At 260 President Street, Carroll Gardens, Brooklyn For $6.1M

Property Image
SOLD
$6,100,000

New York

See Similar Deals
MultiFamily4,360 SF
Sold 10/19/2023
the dealplayerscompscontact
Property Image
SOLD

Greenbrook Partners & Carlyle Group Acquire MultiFamily Property At 260 President Street, Carroll Gardens, Brooklyn For $6.1M

260 President Street

See Similar Deals
MultiFamily4,360 SF
Sold 10/19/2023
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,399
Total Square Footage:4,360 SF
Transaction Type:Sale

The MultiFamily property located at 260 President Street in Carroll Gardens, Brooklyn has been sold for a total of $6,100,000. Spanning across 5,100 square feet, the property boasts a price per square foot of $1,196.

Summary of transation details

  • Property Type: MultiFamily
  • Transaction Amount: $6,100,000
  • Square Footage: 5,100
  • Price Per Square Foot: $1,196
  • Address: 260 President Street, Carroll Gardens, Brooklyn
  • Seller: Natalia Harvey
  • Buyer: Greenbrook Partners & Carlyle Group
  • Broker: David Chang - Compass

The sale of 260 President Street was facilitated by David Chang from Compass, who represented both the buyer, Greenbrook Partners & Carlyle Group, and the seller, Natalia Harvey. This transaction marks an important deal in the Carroll Gardens market in Brooklyn.

Players

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

Details

SOLD
IMAGE: David Chang DATE: 10/19/2023 ADDRESS: 260 President Street MARKET: Carroll Gardens, Brooklyn ASSET TYPE: MultiFamily SELLER: Natalia Harvey BUYER: Greenbrook Partners & Carlyle Group (@OneCarlyle) BROKERS: David Chang (@DavidChangNY) - Compass (@Compass) SALE PRICE: $6,100,000 SF: 5,100 ~ PPSF: $1,196

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)

$325,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,672.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,917.11
Annual Debt Service$347,005.34