Greenbrook Partners & Carlyle Group Acquire MultiFamily Property At 260 President Street, Carroll Gardens, Brooklyn For $6.1M
260 President Street
$6,100,000
$1,399/SF
Building Size
4,360 SF
Asset Type
MultiFamily
Closing
Oct 19, 2023
AI
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
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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93