Gold Family Acquires Multifamily Property In Bushwick For $3.1M

Located in Bushwick, the multifamily property at 59 Grove St. has been sold for a total of $3,100,000. The property consists of 12 units with an average price per unit (PPU) of $258,333. The total area spans 9,000 square feet, resulting in a price per square foot (PPSF) of $344.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,100,000
• Units: 12
• Price per Unit (PPU): $258,333
• Total Square Footage: 9,000
• Price per Square Foot (PPSF): $344

The buyer of the property is the Gold Family, while the seller is the Kohn Family. Representing the buyer is Jacob Stavsky from Stav Equities LLC, and representing the seller are Joseph Safdie and Roni Yaghoobzar from Safdie Realty Group.

JSAF Management, a full-service management company, oversees multifamily and mixed-use properties in Brooklyn and Bronx. If you have any real estate needs, you can contact Joe Safdie at 347-200-1661 or [email protected].