Joseph Safdie's JSAF Capital Acquires Multifamily Property In Gowanus For $3.8M

A seven-unit residential walkup building located at 526 4th Avenue in Gowanus, Brooklyn, has been sold in a recent transaction. The property was acquired by JSAF Capital, operating as 526-528 4th Ave, LLC, for a total of $3.8 million. The purchase was made from Cirtian Bruce's entity, Phizer & Plitzer 181 Realty Inc.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $3,750,000
• Buyer: Joseph Safdie - JSAF Capital
• Seller: Cirtian Bruce
• Address: 526 4th Avenue, Gowanus, Brooklyn
• Market: Gowanus, Brooklyn
• Building Square Footage: 8,456 SF
• Price per Square Foot: $443

Joseph Safdie, representing JSAF Capital, acted as the buyer in the transaction. The seller, Cirtian Bruce, facilitated the sale of the property. The seven-unit residential walkup is situated in the vibrant neighborhood of Gowanus, Brooklyn. The transaction was completed at a price of $3.8 million, with each square foot of the building valued at $443.