Travis Stabler Acquires Bed-Stuy Multifamily For $15.5M With Capital Property Partners

Located in the desirable Bed-Stuy neighborhood of Brooklyn, this multifamily property at 609-619 Throop Avenue has recently been sold in a closed transaction. The property spans across 50,000 square feet and offers a variety of residential units. The asset type of this property is multifamily, making it an attractive investment opportunity.

Summary of transaction details:

• Property Type: Multifamily
• Asking Price: $16,000,000
• Sale Price: $15,500,000
• Square Footage: 50,000
• Price per Square Foot: $310
• Market: Bed-Stuy, BK

The seller of this property was Mark Tress, while the buyer was Travis Stabler. The deal was facilitated by the brokerage firm Capital Property Partners, with Daniel Rahmani serving as the representative for the buyer and seller.