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339 Macon Street
SOLD

Nikole Hannah-Jones Acquires Bed-Stuy Multifamily From Warren Hayes For $2.6M

339 Macon Street

MultiFamily
4,200 SF
clock iconSold 62 days ago
Noah Middlekauff
Tom Reynolds
Steve Reynolds
+ 3
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Summary

Sale
NEW YORK
MultiFamily
4,200 sqft

The multifamily property located at 339 Macon Street in Bed-Stuy, Brooklyn was sold for $2,600,000. This property consists of 5 units with a total square footage of 4,200, resulting in a price per unit of $520,000 and a price per square foot of $619. The seller of this asset was Warren Hayes, while the buyer was Nikole Hannah-Jones. The property was brokered by Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila, and Noah Middlekauff from Investment Property Realty Group (IPRG).

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Address: 339 Macon Street
  • Market: Bed-Stuy, Brooklyn
  • Units: 5
  • Square Footage: 4,200
  • Price per Unit: $520,000
  • Price per Square Foot: $619

The building, which was 100% vacant, had previously housed the renowned Macon Hardware store for over 70 years. Nikole Hannah-Jones made the acquisition from Warren Hayes, facilitated by the team of brokers led by Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila, and Noah Middlekauff from Investment Property Realty Group (IPRG).

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Noah Middlekauff's profile picture
Noah Middlekauff
Investment Property Realty Group (IPRG)-image
Associate
$17.4M Sold
Tom Reynolds's profile picture
Brian Davila's profile picture
Derek Bestreich's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Derek Bestreich, Steve Reynolds, Tom Reynolds & Brian Davila DATE: 02/27/2024 ADDRESS: 339 Macon Street MARKET: Bed-Stuy, Brooklyn ASSET TYPE: Multifamily BUYER: Nikole Hannah-Jones SELLER: Warren Hayes BROKERS: Derek Bestreich, Steve Reynolds (@SteveReynoldsNYC), Tom Reynolds (@TomReynolds_CRE), Brian Davila (@Vills25) & Noah Middlekauff (@NoahMiddlekauff_NY) - Investment Property Realty Group (IPRG) (@IPRG_NY) SALE PRICE: $2,600,000 UNITS: 5 ~ PPU: $520,000 SF: 4,200 ~ PPSF: $619 NOTE FROM BROKER: Building was 100% vacant. Ownership had operated the well-known Macon Hardware store for over 70 years.

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Address339 Macon Street

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