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

Property Image
SOLD
$3,750,000

New York

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MultiFamily8,456 SF
Sold 11/17/2023
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Property Image
SOLD

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

526 4th Avenue

See Similar Deals
MultiFamily8,456 SF
Sold 11/17/2023
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$443
Total Square Footage:8,456 SF
Transaction Type:Sale

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.

Players

Joseph Safdie
Joseph Safdie
16 deals$25.1M volume
BUYER
Joseph Safdie
Joseph Safdie
16 deals$25.1M volume
BUYER
Joseph Safdie
Joseph Safdie
16 deals$25.1M volume
BUYER

Details

SOLD
IMAGE: Joseph Safdie DATE: 11/17/2023 ADDRESS: 526 4th Avenue MARKET: Gowanus, Brooklyn ASSET TYPE: Multifamily BUYER: Joseph Safdie (@JoeSafdie) - JSAF Capital SELLER: Cirtian Bruce SALE PRICE: $3,750,000 BSF: 15,549 ~ PPBSF: $241 SF: 8,456 ~ PPSF: $443 NOTE: JSAF Capital, operating as 526-528 4th Ave, LLC, acquired a seven-unit residential walkup building at 526 4th Avenue in Gowanus, Brooklyn, from Cirtian Bruce's entity, Phizer & Plitzer 181 Realty Inc., for $3.8 million.

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