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

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.