Carter Martin Acquires Multifamily Property On Van Buren Street For $4.78M In Bedford-Stuyvesant, Brooklyn

The multifamily property located at 550 Van Buren Street in Bedford-Stuyvesant, Brooklyn has been sold for a price of $4,780,000. This property consists of 8 units with an average price per unit of $597,500. The total square footage of the property is 5,825, resulting in a price per square foot of $821.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $4,780,000
• Units: 8
• Price per Unit: $597,500
• Square Footage: 5,825
• Price per Square Foot: $821
• Address: 550 Van Buren Street, Bedford-Stuyvesant, Brooklyn

Carter Martin has purchased the property from Yossel Lichtman. The transaction was facilitated by the brokers Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila, Noah Middlekauff, and Luke Sproviero of the Investment Property Realty Group (IPRG).