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

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.