Yitzchok Schwartz Acquires Mixed-Use Property In Bedford-Stuyvesant For $3.4M

The mixed-use property located at 64 & 96 Tompkins Avenue in the Bedford-Stuyvesant market has been sold. The transaction took place on 07/06/2022, with Yitzchok Schwartz as the buyer and Joel Zupnick as the seller. The sale price for this property was $3,400,000. The property consists of 12 units, with each unit having a price per unit (PPU) of $283,333. Additionally, the total square footage of the property is 14,522, resulting in a price per square foot (PPSF) of $234.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,400,000
• Units: 12
• PPU: $283,333
• Square Footage: 14,522
• PPSF: $234

In this transaction, Yitzchok Schwartz acted as the buyer, while Joel Zupnick acted as the seller. They successfully closed the sale of the property at 64 & 96 Tompkins Avenue in Bedford-Stuyvesant. The deal represents an important milestone for both parties involved.