Charney Companies Acquires Multifamily Conversion In Brooklyn From Calmwater Capital For $20M

The property involved in this transaction is a multifamily conversion located at 143 Roebling Street in Brooklyn. The sale price for the asset was $20,000,000, with a total building square footage of 111,951, translating to a price per square foot of $179.

Summary of transaction details:

• Property Type: Multifamily Conversion
• Transaction Amount: $20,000,000
• Address: 143 Roebling Street
• Market: Brooklyn
• Building Square Footage: 111,951
• Price Per Square Foot: $179
• Buyer: Charney Companies
• Seller: Calmwater Capital
• Brokers: Ethan Stanton, Brendan Maddigan & Michael Mazzara - JLL

The key individuals in this transaction include the buyer, Charney Companies, and the seller, Calmwater Capital. The brokers representing the deal were Ethan Stanton, Brendan Maddigan, and Michael Mazzara from JLL, adding their expertise to facilitate the transaction.