Vasey Family Acquires Multifamily Property On Schaefer St. In Bushwick, Brooklyn For $1.35M

Located at 120 Schaefer St. in Bushwick, Brooklyn, this multifamily property was recently sold in a closed transaction. The property consists of 2 units with a total square footage of 2,430. The sale price for this asset was $1,349,000, translating to a price per unit of $674,500 and a price per square foot of $555.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,349,000
• Address: 120 Schaefer St., Bushwick, Brooklyn
• Market: Bushwick, Brooklyn

The buyer of this property was the Vasey Family, represented by Jim Hayes. The seller was Liran Azizian, who can be contacted directly for more information. Liran Azizian specializes in fix 'n' flip and distressed assets and is looking to purchase properties up to 20 units in NY, NJ, and FL. The buyer's representative in this deal was Jim Hayes.

If you are in need of creative financing options under 9%, you can contact Liran Azizian at Voro Real Estate.