Center Street Capital Acquires Multifamily Property In Bed Stuy, Brooklyn For $2.7M

A multifamily property located at 385 Monroe Street in Bed Stuy, Brooklyn was recently sold for $2,700,000. The property has a total square footage of 17,000, with a price per square foot of $158. It is zoned as R6B and falls under tax class 2. The lot size measures 50 feet by 100 feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,700,000
• Address: 385 Monroe Street, Bed Stuy, Brooklyn
• Market: Bed Stuy, Brooklyn
• Zoning: R6B

The buyer, Center Street Capital represented by Abe Orlofsky, acquired the property from seller Mary E Long. The transaction was facilitated by brokers Shlomo Antebi, Yosef Katz, and Erik Yankelovich from ARG Real Estate. It is worth mentioning that ARG is actively recruiting investment sales agents, and interested individuals can contact Yosef Katz at [email protected] for more information.