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Carlyle Group Acquires Multifamily Property In Park Slope, Brooklyn For $12.7M

Property Image
SOLD
$12,733,706

New York

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MultiFamily10,532 SF
Sold 05/25/2023
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SOLD

Carlyle Group Acquires Multifamily Property In Park Slope, Brooklyn For $12.7M

812 8th Avenue Brooklyn, New York 11215, USA

See Similar Deals
MultiFamily10,532 SF
Sold 05/25/2023
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,209
Total Square Footage:10,532 SF
Transaction Type:Sale

The Carlyle Group, represented by Carter Martin, has acquired a multifamily property located at 812 8th Avenue in Park Slope, Brooklyn. The 16-unit residential walkup building was purchased from Greenbrook Partners, represented by Gregory Fournier, for a sale price of $12,733,706. The property offers 10,532 square feet of built space and 753 square feet of additional air rights, with a total buildable area of 11,295 square feet. The transaction resulted in a price per unit of $795,856 and a price per square foot of $1,209.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $12,733,706
  • Units: 16
  • PPU: $795,856
  • BSF: 11,295
  • PPBSF: $1,127
  • SF: 10,532
  • PPSF: $1,209

The Carlyle Group, led by Carter Martin, successfully completed the acquisition of the 16-unit residential walkup building located at 812 8th Avenue in Park Slope, Brooklyn. Greenbrook Partners, represented by Gregory Fournier, acted as the seller in this transaction. With a sale price of $12,733,706, the property offers a total buildable area of 11,295 square feet, including 753 square feet of additional air rights. This acquisition further expands Carlyle Group's multifamily portfolio in the Park Slope market.

Players

CM
28 deals$146M volume
BUYER

19 deals$607.1M volume
SELLER

Details

SOLD
IMAGE: 05/25/2023 ADDRESS: 812 8th Avenue MARKET: Park Slope, Brooklyn ASSET TYPE: Multifamily BUYER: Carlyle Group - Carter Martin SELLER: Greenbrook Partners - Gregory Fournier SALE PRICE: $12,733,706 UNITS: 16 ~ PPU: $795,856 BSF: 11,295 ~ PPBSF: $1,127 SF: 10,532 ~ PPSF: $1,209 NOTE: Carlyle Group has acquired a 16-unit residential walkup building in Park Slope, Brooklyn for $12.7 million from Greenbrook Partners. The property, located at 812 8th Avenue, offers 10,532 square feet of built space and 753 square feet of additional air rights, with a total buildable area of 11,295 square feet.

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