James Riso Of Briarwood Organization Jobe Development And Jack Heaney Of Fulcrum Properties Acquire Multifamily In Bedford Stuyvesant For $6.41M

The transaction involves the sale of multifamily properties located at 20 Suydam Place and 37 Rochester Avenue, situated in the Bedford Stuyvesant area of Brooklyn. The sale price for these two elevator buildings was $6,410,108. The combined square footage of the properties is 22,368 square feet, which results in a price per square foot of $287.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,410,108
• Address: 20 Suydam Place & 37 Rochester Avenue
• Market: Bedford Stuyvesant, Brooklyn
• Square Footage: 22,368
• Price Per Square Foot: $287
• Buyer: James Riso - Briarwood Organization, Jobe Development & Jack Heaney - Fulcrum Properties + Architecture
• Seller: NYC Housing Partnership

The buyer group for this transaction includes James Riso representing Briarwood Organization, Jobe Development, and Jack Heaney representing Fulcrum Properties + Architecture. They acquired the properties from the NYC Housing Partnership, responsible for facilitating the sale.