171 King Street

Red Hook, Brooklyn

Parcel ID (BBL): 3005550005

Acris records

Owner: Storagemart

Acquired: January 26, 2026, $75.1 million

Debt: June 13, 2024, $28 million

Built: 2020

SF: 78,400

Dwelling units: 0

No. of buildings: 1

Class: Warehouse, Self Storage (E7)

Floors: 5

Legacy BBLs: 3005550005

Transactions:

Carlyle Group and Sabharwal Properties sold 155 King Street and 139 Conover Street, Red Hook, Brooklyn for $75.1 million to StorageMart and Carlyle Group on January 26, 2026.

Carlyle Group and Sabharwal Properties borrowed $28 million from Prudential Financial for 155 King Street and 507 Osborn Street, Red Hook, Brooklyn on June 13, 2024.

Carlyle Group borrowed $17.9 million from Santander Bank for 141 Conover Streetnot available, Red Hook, Brooklyn on December 16, 2019.

Development:

• Pavit Sabharwal filed new building job 321386406 for 76,000 sqft S-1 building in Red Hook, Brooklyn, on February 25, 2019.

• Pavit Sabharwal filed major alteration job 322158749 for 76,000 sqft S-1 building with 0 apartments in Red Hook, Brooklyn, on August 05, 2022.

• Pavit Sabharwal filed alteration job B00738800 for 8 sqft S-2 building with 0 apartments in Red Hook, Brooklyn, on June 14, 2022.

• Pavit Sabharwal filed alteration job B00738799 for 8 sqft S-1 building with 0 apartments in Red Hook, Brooklyn, on June 14, 2022.

• Pavit Sabharwal filed alteration job B00536305 for 11 sqft building with 0 apartments in Red Hook, Brooklyn, on August 10, 2021.

• Pavit Sabharwal filed alteration job B00536302 for 84 sqft building with 0 apartments in Red Hook, Brooklyn, on August 10, 2021.

• Pavit Sabharwal filed alteration job B00536301 for 372 sqft building with 0 apartments in Red Hook, Brooklyn, on August 10, 2021.

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