Court Carroll Sackett Housing Development Fund Crp paid $9M to 274-275 President Street Corp.

Court Carroll Sackett Housing Development Fund Crp paid 274-275 President Street Corp. $8.7 million for 3 parcels, including the tax class multifamily, over six families without stores (C1) and containing 31 residential units at 213 Sackett Street, 239 Carroll Street, 361 Court Street in Cobble Hill. The deal closed on August 14, 2019 and was recorded on August 28, 2019. The parcel(s) have total development potential of 23,674 square feet.
The sale price per unit is $280,645.
The estimated cap rate is 7.0%

Direct link to Acris document. link
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