Pierre Mallebranche Acquires Bedstuy Multifamily On Hancock St For $1.74M

Located in the Bedstuy market, this multifamily property at 478 Hancock St recently changed hands in a closed sale transaction. The property, spanning 3,200 square feet, features three units, resulting in a price per unit of $581,667. The sale price for this asset was $1,745,000, reflecting a price per square foot of $545.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,745,000
• Address: 478 Hancock St
• Market: Bedstuy
• Units: 3
• Price per Unit: $581,667
• Square Footage: 3,200
• Price per Square Foot: $545

Pierre Mallebranche emerged as the buyer in this transaction, with Gerard Smith from Douglas Elliman representing him as the buyer's agent. On the other side of the deal, Sarig Brand and Afik Even of Massada Home Sales acted as the seller's representatives.