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GDC Properties Acquires Brooklyn Multifamily Asset At 335 Carroll Street For $24.05M

Property Image
SOLD
$24,050,000
Ethan Stanton
Jeffrey (Jeff) Julien
Steven Rutman
+ 3

New York

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MultiFamily37,590 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

GDC Properties Acquires Brooklyn Multifamily Asset At 335 Carroll Street For $24.05M

335 Carroll Street

See Similar Deals
MultiFamily37,590 SF
Sold
Ethan Stanton
Jeffrey (Jeff) Julien
Steven Rutman
+ 3
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$639
Total Square Footage:37590 SF
Transaction Type:Sale

The property asset involved in this transaction is a MultiFamily building located at 335 Carroll Street, Brooklyn. The sale price was set at $24,050,000, encompassing a total square footage of 29,491 RSF, resulting in a price per RSF of $816.

Summary of transaction details:

GDC Properties was the buyer in this transaction, facilitated by a team of brokers from JLL which included Ethan Stanton, Brendan Maddigan, Michael Mazzara, Jeffrey Julien, Steven Rutman, and Rob Hinckley, representing the respective parties involved in the deal.

Players

Brendan Maddigan
JLL
Brendan Maddigan
125 deals$4.7B volume(508) 733-8445
BROKER
Ethan Stanton
JLL
Ethan Stanton
132 deals$6.1B volume(516) 790-7718
BROKER
Jeffrey (Jeff) Julien
JLL
Jeffrey Julien
58 deals$9B volume
BROKER
Rob Hinckley
JLL
Rob Hinckley
80 deals$11.6B volume
BROKER
Steven Rutman
JLL
Steven Rutman
66 deals$8.8B volume
BROKER
Michael Mazzara
JLL
Michael Mazzara
110 deals$3.9B volume(212) 376-5450
BROKER
GP
GDC Properties
BUYER

Details

SOLD
IMAGE: Ethan Stanton, Brendan Maddigan, Michael Mazzara, Jeffrey Julien, Steven Rutman & Rob Hinckley DATE: 1/29/2026 ADDRESS: 335 Carroll Street MARKET: Brooklyn ASSET TYPE: MultiFamily BUYER: GDC Properties BROKERS: Ethan Stanton (@Snipa_Stanton), Brendan Maddigan (@BrendanMaddigan), Michael Mazzara (@MMazz129), Steven Rutman (@StevenRutman), Rob Hinckley & Jeffrey Julien (@Jeff.Julien) - JLL (@JLL) SALE PRICE: $24,050,000 RSF: 29,491 ~ PPRSF: $816

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,282,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$85,444.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$114,009.27
Annual Debt Service$1,368,111.24