Daily limit: 0/10
The Carlyle Group Acquires Park Slope Multifamily Properties For $17.8M
SOLD
$17,800,000
New York
See Similar DealsMultiFamily
Sold 05/08/2024
SOLD
The Carlyle Group Acquires Park Slope Multifamily Properties For $17.8M
784 President Street & 786 President Street brookly
See Similar DealsMultiFamily
Sold 05/08/2024
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Sale
The Carlyle Group, represented by Harvey Schwartz, acquired two midsize rental properties in Park Slope, Brooklyn, located at 784 and 786 President St., from Greenbrook Partners for $17.8 million. The properties are classified as multifamily assets.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $17,800,000
- Buyer: Harvey Schwartz - The Carlyle Group
- Seller: Greg Fournier - Greenbrook Partners
- Address: 784 President Street & 786 President Street
- Market: Park Slope, Brooklyn
Harvey Schwartz represented The Carlyle Group in the acquisition of the multifamily properties located in Park Slope, Brooklyn from Greenbrook Partners. Greg Fournier was the representative of Greenbrook Partners in this transaction.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$949,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$63,239.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$84,381.08
Annual Debt Service$1,012,572.97
Is there something missing? Send suggestions