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Carlyle Group Acquires Multifamily Property In Bedford Stuyvesant, Brooklyn For $3.2M

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SOLD
$3,200,000

New York

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MultiFamily5,460 SF
Sold 10/30/2023
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SOLD

Carlyle Group Acquires Multifamily Property In Bedford Stuyvesant, Brooklyn For $3.2M

385 Chauncey Street

See Similar Deals
MultiFamily5,460 SF
Sold 10/30/2023
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$586
Total Square Footage:5,460 SF
Transaction Type:Sale

Carter Martin of the Carlyle Group has purchased a multifamily property located at 385 Chauncey Street in Bedford Stuyvesant, Brooklyn. The property is a six-unit residential walkup building, spanning a total of 5,460 square feet. The transaction was completed for a sale price of $3.2 million, resulting in a price per square foot of $586.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,200,000
  • Address: 385 Chauncey Street, Bedford Stuyvesant, Brooklyn
  • Market: Bedford Stuyvesant, Brooklyn

The seller of the property was Chaim Halberstam and Benzion S. Lerner's 385 Chauncey LLC. Carlyle Group, represented by Carter Martin, acquired the property through Townhouse Rental II, L.L.C.

It is worth noting that Carlyle Group paid $3.2 million for the property, as documented in the transaction.

Players

CM
28 deals$146M volume
BUYER

Details

SOLD
IMAGE: 10/30/2023 ADDRESS: 385 Chauncey Street MARKET: Bedford Stuyvesant, Brooklyn ASSET TYPE: Multifamily BUYER: Carter Martin - Carlyle Group (@OneCarlyle) SELLER: Chaim Halberstam & Benzion S. Lerner SALE PRICE: $3,200,000 SF: 5,460 ~ PPSF: $586 NOTE: Carlyle Group, operating through Townhouse Rental II, L.L.C., acquired a six-unit residential walkup building at 385 Chauncey Street in Bedford Stuyvesant, Brooklyn, from Chaim Halberstam and Benzion S. Lerner's 385 Chauncey LLC for $3.2 million.

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