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MNB Developers Purchases Multifamily Property At 347a Quincy Street From Thierry Guizonne For $1.22M

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SOLD
$1,220,000

New York

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MultiFamily3,004 SF
Sold 10/02/2024
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SOLD

MNB Developers Purchases Multifamily Property At 347a Quincy Street From Thierry Guizonne For $1.22M

347a Quincy Street

See Similar Deals
MultiFamily3,004 SF
Sold 10/02/2024
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$406
Total Square Footage:3,004 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 347a Quincy Street in Bedford-Stuyvesant, Brooklyn. The sale price for the asset was $1,220,000, which consists of 2 units. The building has a total square footage of 3,004 and was sold at a price per square foot of $406.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,220,000
  • Units: 2
  • Square Footage: 3,004
  • Price Per Unit: $610,000
  • Price Per Square Foot: $406
  • Buyer: MNB Developers
  • Seller: Thierry Guizonne
  • Broker: Roni Yaghoobzar - Safdie Realty Group

This transaction was facilitated by Roni Yaghoobzar of Safdie Realty Group, who successfully represented both the seller and the purchaser throughout the process.

Players

Roni Yaghoobzar
Safdie Realty Group
Roni Yaghoobzar
15 deals$25.8M volume
BROKER

Details

SOLD
IMAGE: Roni Yaghoobzar DATE: 10/02/2024 ADDRESS: 347a Quincy Street MARKET: Bedford-Stuyvesant, Brooklyn ASSET TYPE: Multifamily BUYER: MNB Developers (@MNBDevelopers) SELLER: Thierry Guizonne BROKER: Roni Yaghoobzar - Safdie Realty Group (@Safdie_Realty_Group) SALE PRICE: $1,220,000 UNITS: 2 ~ PPU: $610,000 SF: 3,004 ~ PPSF: $406 NOTE FROM BROKER: The sale of 347A Quincy Street was facilitated by Roni Yaghoobzar from Safdie Realty Group, successfully representing the seller and purchaser on this transaction. Whether you have a similar property you are interested in selling or would like to connect for more upcoming opportunities, please reach out directly: Roni Yaghoobzar [email protected]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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