Located at 217 Gates Avenue in Bedford–Stuyvesant, this multifamily property was recently sold in a closed transaction. The property is zoned as R6B and has a building square footage (BSF) of 4,000. The purchase price for this property was $1,645,000, resulting in a price per building square footage (PPBSF) of $411. The property spans 3,120 square feet, with a price per square foot (PPSF) of $527.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,645,000
• Address: 217 Gates Avenue, Bedford–Stuyvesant
• Market: Bedford–Stuyvesant
• Zoning: R6B

The buyer in this transaction was Andrea Bozeman, while Andrew Wenzel and Ted Zucker were the sellers. Ali Clarke from Compass represented the buyer, and Bryan Kirk, Robert Moore, and DJ Johnston from B6 Real Estate represented the sellers. The deal closed on 02/12/2021.

B6 Real Estate Advisors, the seller's representation, highlighted their successful achievement of the full asking price for their client. By actively engaging investors, developers, and end-users, they were able to target the right buyers and secure the desired price. B6 Real Estate Advisors also emphasized their commitment to cooperating with the brokerage community and their dedication to obtaining the best results for their clients.

For more information or inquiries about this transaction, you may contact:

Bryan Kirk

Phone: 646-933-2624

Email: [email protected]

DJ Johnston

Phone: 646-933-2619

Email: [email protected]

Rob Moore

Phone: 646-933-2650

Email: [email protected]