Harvey M. Schwartz And Greg Fournier Acquire Multifamily Building In Brooklyn For $4.2M

A multifamily residential building located at 647 De Kalb Avenue in Bedford Stuyvesant, Brooklyn, was sold for $4,200,000. The asset encompasses a total of 5,660 square feet, resulting in a price per square foot of $742.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,200,000
• Address: 647 De Kalb Avenue
• Market: Bedford Stuyvesant, Brooklyn
• Square Footage: 5,660
• Price per Square Foot: $742
• Buyer: Harvey M. Schwartz - Carlyle Group & Greg Fournier - Greenbrook Partners
• Seller: TrueStone

The transaction was facilitated by Carlyle Group and Greenbrook Partners through Townhouse Rental II LLC, acquiring the eight-unit residential building from TrueStone.