KKR & Dalan Management Acquire Multifamily Property In Downtown Brooklyn From Brookfield For $190M

A multifamily property located at 80 DeKalb Ave. in Downtown Brooklyn has been sold for a reported price of $190,000,000. The property, consisting of 365 units, offers an average price per unit of $520,547. Spanning across 237,879 square feet, the property has a price per square foot of $798.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $190,000,000
• Address: 80 DeKalb Ave.
• Market: Downtown Brooklyn
• Units: 365
• Price per Unit: $520,547
• Square Footage: 237,879
• Price per Square Foot: $798

The buyer of the property is KKR & Dalan Management, while the seller is Brookfield. The transaction was facilitated by Jeffrey Julien, Rob Hinckley, Steve Rutman, and Patrick Madigan from JLL.