The Carlyle Group Acquires Brooklyn Heights Multifamily For $66.25M

The multifamily property located at 75 Clinton Street in Brooklyn Heights has been sold in a recent transaction. The property, totaling 61,833 square feet, is situated in a desirable market. The sale was facilitated by Jeffrey Julien, Rob Hinckley, and Steven Rutman of JLL. The property offers 74 units, with a per unit price of $895,270, and was sold at a price of $66,250,000, reflecting a price per square foot of $1,071.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $66,250,000
• Address: 75 Clinton Street, Brooklyn Heights
• Market: Brooklyn Heights
• Buyer: The Carlyle Group
• Seller: Invesco Real Estate
• Brokers: Jeffrey Julien, Rob Hinckley & Steven Rutman - JLL
• Units: 74
• Price Per Unit: $895,270
• Square Footage: 61,833
• Price Per Square Foot: $1,071

The Carlyle Group served as the buyer in this transaction, while Invesco Real Estate acted as the seller. The deal was facilitated by the team at JLL, led by Jeffrey Julien, Rob Hinckley, and Steven Rutman. This successful transaction signifies the strong market demand for multifamily assets in Brooklyn Heights.