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Klosed Properties Acquires Multifamily Property In Bedstuy, Brooklyn For $2.5M

Property Image
SOLD
$2,500,000
Jacob Namdar
Fred Bijou
+ 2

New York

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MultiFamily31,042 SF
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Property Image
SOLD

Klosed Properties Acquires Multifamily Property In Bedstuy, Brooklyn For $2.5M

285 Quincy Street, Bedford-Stuyvesant, Brooklyn, NY, USA

See Similar Deals
MultiFamily31,042 SF
Sold
Jacob Namdar
Fred Bijou
+ 2
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$80
Total Square Footage:31042 SF
Transaction Type:Sale

The multifamily property located at 285 Quincy Street in Bedstuy, Brooklyn has been sold. The property, with a total area of 31,042 square feet, was purchased by Klosed Properties, represented by Steven Kachanian, Jacob Namdar, and Adam Hajibai. The sale was facilitated by brokers Matthew Cosentino and Fred Bijou from TerraCRG. The selling party was Wilmaud Realty Corp. The transaction took place on January 8th, 2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Address: 285 Quincy Street, Bedstuy, Brooklyn
  • Market: Bedstuy, Brooklyn
  • Zoning: R6B

Klosed Properties, a real estate company, expressed their excitement about this acquisition, as it marks their first purchase of 2021. They currently have nine other deals under contract and are actively seeking opportunities to expand their portfolio in the New York Metro area. For further inquiries or potential property opportunities, interested parties can reach out to Adam Hajibai and Jacob Namdar, whose contact information is provided below.

Contact information:

Players

Fred Bijou
32 deals$94.2M volume(917) 626-8413
BROKER

Matthew (Matt) Cosentino
Terra CRG
81 deals$319M volume
BROKER

Jacob Namdar
15 deals$22.7M volume
BUYER

Steven Kachanian
Klosed Properties
36 deals$91.9M volume
BUYER

Details

SOLD
IMAGE: Adam Hajibai, Matthew Cosentino, Jacob Namdar, Fred Bijou & Steven Kachanian DATE: 01/08/2021 ADDRESS: 285 Quincy Street MARKET: Bedstuy, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6B BUYER: @KlosedProperties - Steven Kachanian, Jacob Namdar & Adam Hajibai SELLER: Wilmaud Realty Corp BROKERS: Matthew Cosentino & Fred Bijou @TerraCRG PRICE: $2,500,000 SF: 31,042 ~ PPSF: $80 UNITS: 21 ~ PPU: $119,000 NOTE FROM @KlosedProperties: This marks Klosed’s first acquisition of 2021, with an additional 9 deals under contract! Klosed is aggressively looking to expand its existing portfolio of multifamily, mixed-use, and retail assets in the NY Metro. Please reach out with any opportunities to: 👤Adam Hajibai 📧 [email protected] 📱 516 858-0024 📸 @AdamHaj 👤Jacob Namdar 📧 [email protected] 📱 646-688-3666 📸 @JakeNamdar

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