Residents Group Acquires Multifamily Property In Bedford-Stuyvesant For $1.8M

A multifamily property located at 270 Throop Ave in Bedford-Stuyvesant has been sold for $1,800,000. The property consists of 3 units with a total of 2,800 square feet. The price per unit is $600,000 and the price per square foot is $642. The sale took place on 03/03/2022.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,800,000
• Address: 270 Throop Ave
• Market: Bedford-Stuyvesant

The buyer of the property is the Residents Group represented by Moses Rabinowitz. The seller is Vivian Farmery. The broker involved in the deal is Jennifer Carlson from Corcoran. Jennifer Carlson hosted an open house that attracted 50 visits. As a result, they received 20 offers on the property. The sale closed within 30 days from the date of the open house. The buyer, Residents Group, is actively looking for more properties in Bedford-Stuyvesant.