Joseph Aghelian Purchases Multifamily Property On 536a Monroe Street In Bed-Stuy For $1,430,000

The multifamily property located at 536a Monroe Street in Bed-Stuy, Brooklyn was sold for $1,430,000. This property consists of 4 units with a total square footage of 3,120. The price per unit was $357,500, and the price per square foot was $458. The asset was transacted between Joseph Aghelian, the buyer, and Sarah Polight, the seller. The deal was facilitated by the brokers Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila, and Noah Middlekauff of Investment Property Realty Group (IPRG).

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,430,000
• Market: Bed-Stuy, Brooklyn
• Buyer: Joseph Aghelian
• Seller: Sarah Polight
• Brokers: Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila & Noah Middlekauff - Investment Property Realty Group (IPRG)
• Units: 4
• SF: 3,120
• PPU: $357,500
• PPSF: $458

The property was delivered vacant according to a note from the broker. The key individuals involved in this transaction include Steve Reynolds, Noah Middlekauff, and Brian Davila, who were also part of the brokerage team. These professionals played crucial roles in ensuring the successful sale of the multifamily asset on Monroe Street, adding value to the deal with their expertise and market knowledge.