Jacob Rubin Acquires Mixed-Use Property In Bedford-Stuyvesant For $3.3M

The mixed-use property located at 554 DeKalb Avenue in Bedford-Stuyvesant has been sold. The transaction took place on 10/29/2019.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,300,000
• Address: 554 DeKalb Avenue
• Market: Bedford-Stuyvesant

Fred Morales was the seller, while Jacob Rubin bought the property. The deal was facilitated by brokers DJ Johnston & Mike Murphy from b6realestate.

The property had a total square footage of 8,640, with a price per square foot of $382. It was a mixed-use building, with 50% of the space being owner-occupied or vacant and the other 50% being residential.

This transaction represents a significant sale in Bedford-Stuyvesant and highlights the involvement of key individuals in the negotiation and completion of the deal.