Yitzchok Katz Of Goose Property Management Acquires Commercial Assets In Bedford-Stuyvesant For $3.83M

The property asset involved in the transaction consists of two commercial buildings located at 75 and 77 Spencer Street in Bedford-Stuyvesant, Brooklyn. The total sale price was $3,835,000, and the properties have a combined square footage of 4,400 square feet, which translates to a price per square foot of $872. Additionally, the buildings have a total buildable square footage of 5,000, resulting in a price per buildable square foot of $767.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,835,000
• Buyer: Yitzchok Katz
• Buyer's Company: Goose Property Management
• Seller: Joel Retek
• Sale Date: 07/26/2026
• Address: 75 & 77 Spencer Street, Bedford-Stuyvesant, Brooklyn
• SF: 4,400
• PPSF: $872
• BSF: 5,000
• PPBSF: $767

Yitzchok Katz, representing Goose Property Management, has acquired the properties from Joel Retek, with intentions for a ground-up development project on the site. This transaction reflects a strategic move into the commercial real estate market in Bedford-Stuyvesant.