Habitat Living Acquires Multifamily Property in Carroll Gardens for $3.5M

Habitat Living, a real estate investment firm led by Eli Scharf, has acquired a multifamily property in the Carroll Gardens neighborhood of Brooklyn for 3.5 million. The property, located at 239 President St., is a 5,184 square foot multifamily building with a tax class of 2A. The sale price equates to a price per square foot of 675.

The seller of the property was Catherine Rodrigues. The deal was brokered by Carroll Gardens Realty.

Carroll Gardens is a highly desirable neighborhood in Brooklyn, known for its tree-lined streets, brownstones, and proximity to Manhattan. The neighborhood has seen a surge in real estate prices in recent years, driven by strong demand from buyers and limited inventory.

The acquisition of this property is a strategic move for Habitat Living, as it expands the firm’s portfolio in a highly sought-after neighborhood. The property is well-positioned for rental income, with multiple units and a prime location.

Eli Scharf, the founder and CEO of Habitat Living, has a track record of successful real estate investments in New York City. He has a deep understanding of the local market and a keen eye for identifying undervalued properties with strong potential for growth.

Overall, this deal represents a win-win for both the buyer and seller. Catherine Rodrigues was able to achieve a favorable sale price for her property, while Habitat Living was able to acquire a valuable asset in a prime location. With the demand for multifamily properties in Brooklyn remaining strong, this deal is a testament to the resilience of the local real estate market.