Joshua Park Acquires Multifamily Property On Putnam Ave, Bushwick, Brooklyn

In a recent closed transaction in Bushwick, Brooklyn, a multifamily property located at 1108 Putnam Ave was sold. The sale took place on March 31, 2021. The property, with a total area of 3,300 square feet, was listed for an asking price of $1,425,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,300,000
• SF: 3,300
• PPSF: $393

The buyer of the property is Joshua Park, while the seller is Clelia Nalasco. Representing the buyer in the deal was Tae Moon. Janet Arklis, from Premier Metro Realty, acted as the seller's representative.

With a sale price of $1,300,000, this transaction represents a significant investment in the Bushwick market. The property offers a total of 3,300 square feet of space, providing ample room for potential tenants or residents. The price per square foot was calculated to be $393, offering a competitive purchase opportunity. Both the buyer and seller were represented by experienced professionals in the real estate industry, ensuring a smooth transaction process.