Bushwack Capital Purchases Multifamily Property At 357 Degraw Street Brooklyn For $3M
357 Degraw Street
$3,000,000
$1,102/SF
Building Size
2,720 SF
Asset Type
MultiFamily
Closing
Feb 27, 2026
AI
A three-unit multifamily property located at 357 Degraw Street in Carroll Gardens, Brooklyn has been sold. The sale was completed for a price of $3,000,000, which results in a price per unit of $1,000,000. The property has a total square footage of 2,720, equating to a price per square foot of $1,103.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Buyer: Bushwack Capital
- Units: 3
- Square Footage: 2,720
- Price Per Unit: $1,000,000
- Price Per Square Foot: $1,103
- Market: Carroll Gardens, Brooklyn
- Sale Date: 02/27/2026
Bushwack Capital, through Samasen LLC, executed the purchase of the property as part of an estate sale with intentions to hold it as a cash-flowing asset.
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93