Elite Properties NYC Acquires Bedford-Stuyvesant Multifamily For $1.7M With Broker Etan Hakimi

The property asset involved in this transaction is located at 436 Putnam Avenue in the Bedford-Stuyvesant market. This MultiFamily asset consists of 2 units and spans 3,432 square feet, with a price per unit of $850,000 and a price per square foot of $495. The total sale price for the property was $1,700,000.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $1,700,000
• Units: 2
• Square Footage: 3,432
• Price per Unit: $850,000
• Price per Square Foot: $495
• Buyer: Elite Properties NYC
• Seller: Darryl Benson
• Broker: Etan Hakimi - Mitra Hakimi Realty Group

The transaction was handled by Etan Hakimi from Mitra Hakimi Realty Group, who represented the seller, Darryl Benson. The brokerage began marketing the property while it was still in Surrogate’s Court, resulting in an all-cash contract prior to the issuance of the Letters. This strategy led to a swift closing just one week after the necessary legal documents were finalized. Mitra Hakimi Realty Group has expertise in managing complex sales involving estates, bankruptcies, and various legal circumstances.