facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

368 Weirfield Street

The Carlyle Group And Greenbrook Acquire Multifamily Property From David Chang For $3.644M
SOLDMultiFamily

The Carlyle Group And Greenbrook Acquire Multifamily Property From David Chang For $3.644M

368 Weirfield Street

$3,465,000

$762/SF

Building Size

4,542 SF

Asset Type

MultiFamily

Closing

Jan 3, 2025

AI

The property asset involved in this transaction is a multifamily building located at 368 Weirfield Street in Brooklyn. The sale price was $3,644,500, with a total of 6 units. The square footage of the property is 4,542, resulting in a price per unit of $607,417 and a price per square foot of $802.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,644,500
  • Address: 368 Weirfield Street
  • Market: Brooklyn
  • Units: 6
  • Square Footage: 4,542
  • Price Per Unit: $607,417
  • Price Per Square Foot: $802
  • Buyer: The Carlyle Group & Greenbrook
  • Seller: David Chang
  • Broker Representatives: David Chang & Natalia Harvey - Compass

The key individuals involved in the deal include the buyer, The Carlyle Group and Greenbrook, along with seller David Chang. The transaction was facilitated by broker representatives David Chang and Natalia Harvey from Compass, who played a significant role in concluding the sale.

Players

David Chang

Compass

Broker

$211.7M

vol

46 deals

Broker

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.58%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93