Vision Estate Holdings Acquires Multifamily Property In Bedford-Stuyvesant For $8.1M

The multifamily property located at 707 Willoughby Ave in Bedford-Stuyvesant has recently undergone a closed transaction. The property, which is owned by Vision Estate Holdings, was involved in a deal facilitated by Eastern Union. The deal was represented by Boruch Mandel and Mark Rosenzweig from Eastern Union. The transaction involved a loan amount of $8,100,000 provided by S3 Capital Partners.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $8,100,000
• Date: 08/06/2019
• Address: 707 Willoughby Ave
• Market: Bedford-Stuyvesant

The key individuals involved in this transaction include Aziz Syed, Robert Schwartz, Mark Rosenzweig, Ben Ribiat, Boruch Mandel, and Baruch Guttman. Vision Estate Holdings, represented by Baruch Guttman and Ben Ribiat, acted as the landlord in this deal. The loan amount of $8,100,000 was provided by S3 Capital Partners. The brokerage firm Eastern Union played a pivotal role in the transaction, with Boruch Mandel and Mark Rosenzweig representing the parties involved.