Stabilized Real Estate
Residential - 80 Dekalb
PURCHASE PRICE
c.$190M
SIZE
365 Units
LOCATION
New York, NY
ACQUISITION DATE
Q3 '22

Investment Highlights

  • Luxury multifamily property totaling 365 units located in Downtown Brooklyn, NY
  • Located in one of the top-performing Brooklyn submarkets, within walking distance of several public transportation stations, servicing all of Manhattan’s critical transportation lines
  • Full-service residential property with modern finishes and amenities, including an outdoor terrace, fitness center, 24-hour doorman, and a children’s playroom
  • We believe the property may benefit from an embedded rent mark-to-market opportunity in a tight submarket with limited new supply

(1) As of December 31, 2022.