The Sutton Family Realty Trust Acquires Multifamily Property In Bushwick For $1.255M

The multifamily property located at 106 Vanderveer Street in Bushwick has been sold for $1,255,000. The transaction took place on September 10, 2021. The property spans over 2,295 square feet with a price per square foot of $546. It consists of two units, resulting in a price per unit of $627,500. The previous sale of the property occurred in March 2019 for $359,209.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,255,000
• Address: 106 Vanderveer Street
• Market: Bushwick
• Zoning: R6

The buyer of the property was The Sutton Family Realty Trust, while Yosi Azur acted as the seller. Nina Sabag from 5 Boro Realty and Shlomi Dayan from Redefined Realty represented the buyer and seller, respectively, as brokers in the deal.