Carlyle Group And Greenbrook Partners Acquire Cobble Hill Multifamily For $6.2M From Ryco Capital

The multifamily property located at 327 Henry Street in Cobble Hill, Brooklyn has been sold for a price of $6,200,000. The asset spans a total square footage of 5,800, comprising eight residential units, valued at approximately $775,000 per unit, translating to a price per square foot of $1,069.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $6,200,000
• Address: 327 Henry Street
• Market: Cobble Hill, Brooklyn
• Square Footage: 5,800
• Price per Square Foot: $1,069
• Units: 8
• Price per Unit: $775,000
• Buyer: Harvey M. Schwartz - Carlyle Group & Greg Fournier - Greenbrook Partners
• Seller: James D. Ryan III - Ryco Capital

Carlyle Group and Greenbrook Partners have acquired the property from Ryco Capital, marking a significant transaction in the Brooklyn market. This deal highlights the involvement of key players, with James D. Ryan III representing the seller in this transaction.