Updated Aug 18, 2025
Harvey M. Schwartz Of Carlyle Group And Jay Greenberg Of Z&G Property Group Buy Multifamily In Boerum Hill For $6M
333 Warren Street
$6,000,000
$1,016/SF
Building Size
5,900 SF
Asset Type
MultiFamily
Closing
Aug 7, 2025
About this deal
AI
A multifamily asset located at 333 Warren Street in Boerum Hill was sold for $6,000,000. The property comprises 8 units with a price per unit of $750,000. The total square footage of the building is 5,900, resulting in a price per square foot of $1,017.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,000,000
- Units: 8
- Price per Unit: $750,000
- Square Footage: 5,900
- Price per Square Foot: $1,017
- Buyer: Harvey M. Schwartz - Carlyle Group
- Buyer: Jay Greenberg - Z+G Property Group
- Seller: Samy Mahfar - SMA Equities
- Date of Transaction: 08/07/2025
Carlyle Group and Z+G Property Group acquired the eight-unit walkup property from SMA Equities, led by Samy Mahfar. This transaction highlights the involvement of established entities in the multifamily market in Brooklyn.
On the Map
$6,000,000
$1,016/SF
MultiFamily
View full map
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jay Greenberg to view all their deals.
Browse Brooklyn multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93