October 13, 2023

Stuyvesant Heights Apartment Property Trades for $23M

A joint venture between The Carlyle Group and Z+G Property Group has paid $22.5 million to acquire a luxury multifamily property in Stuyvesant Heights, Brooklyn, that was previously a Catholic school, Commercial Observer has learned.

The sponsorship purchased the 46-unit apartment complex at 180 Bainbridge Street from Bushburg Properties. TerraCRG’s Ofer Cohen and Matthew Cosentino brokered the deal.

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