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Greenbrook Partners Acquires Multifamily Property In Bedford-Stuyvesant For $4.6M

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SOLD
$4,600,000
Ari Harkov

New York

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MultiFamily6,000 SF
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SOLD

Greenbrook Partners Acquires Multifamily Property In Bedford-Stuyvesant For $4.6M

64 Macon Street, Brooklyn, NY 11216, USA

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MultiFamily6,000 SF
Sold 06/09/2020
Ari Harkov
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$766
Total Square Footage:6,000 SF
Transaction Type:Sale

64 Macon Street, located in the historic district of Bedford-Stuyvesant, Brooklyn, has been sold in a successful transaction. The property is a completely free market and gut renovated multifamily building, offering six spacious units with custom finishes. The building features a unique side-yard that provides on-site parking and a standalone garage for private storage. With large unit layouts and bay windows, each unit feels spacious and mature. The transaction was negotiated by DJ Johnston of B6 Real Estate Advisors and Ari Harkov of Brown Harris Stevens.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,600,000
  • Address: 64 Macon Street
  • Market: Bedford-Stuyvesant, Brooklyn
  • Buyer: Greenbrook Partners
  • Seller: Yehuda Cohen
  • Buyer's Representative: Ari Harkov - Harkov Lewis Team
  • Seller's Representative: DJ Johnston - B6 Real Estate Advisors
  • Asking Price: $4,900,000
  • Units: 6
  • Price per Unit: $766,500
  • Square Footage: 6,000
  • Price per Square Foot: $775
  • CAP Rate: 5%

DJ Johnston's investment sales experience and local market relationships, combined with Ari Harkov's value-driven approach and diligent presentation of opportunities, contributed to the smooth transaction. Both brokers are open to cooperating with each other, facilitating successful transactions in the market. For similar opportunities or further insights on this sale, interested parties can contact DJ Johnston at 914-584-7422 or Ari Harkov at 917-275-7057.

Players

DJ Johnston
102 deals$493.3M volume(914) 584-7422
BROKER

Ari Harkov
Brown Harris Stevens
86 deals$429.1M volume(212) 381-4246
BROKER

B6 Real Estate Advisors
BROKERAGE


Details

SOLD
IMAGE: Ari Harkov & DJ Johnston DATE: 06/09/2021 ADDRESS: 64 Macon Street MARKET: Bedford-Stuyvesant, Brooklyn ASSET TYPE: Multifamily BUYER: Greenbrook Partners SELLER: Yehuda Cohen BUYER’S REP: Ari Harkov @AriHarkov @HarkovLewisTeam SELLER’S REP: DJ Johnston @B6RealEstate_JohnstonTeam ASKING PRICE: $4,900,000 SALE PRICE: $4,600,000 UNITS: 6 ~ PPU: $766,500 SF: 6,000 ~ PPSF: $775 CAP: 5% NOTE FROM @B6RealEstate: DJ Johnston of B6 Real Estate Advisors and Ari Harkov of Brown Harris Stevens successfully negotiated the sale of 64 Macon Street, a completely free market and gut renovated 6 family in the historic district of Bedford-Stuyvesant. The building is spectacularly designed, offering large unit layouts and custom finishes. The building included a unique side-yard that provided on site parking and a stand alone garage for private storage. The yard allows for side bay-windows making each unit feel spacious and mature. DJ's investment sales experience and relationships in the local market, and Ari's eye for value, combined with his ability to present opportunities clearly and diligently to his buyer, made for a smooth transaction from start to finish. Broker's willing to cooperate with one another is the most effective way to promote transactions in this market. Call Ari or DJ for similar opportunities or for their insights on this sale. DJ Johnston 📱 914-584-7422 Ari Harkov 📱 917-275-7057

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