Duke_Properties & GD Capital Acquire MultiFamily Property In Bedford-Stuyvesant, Brooklyn

The multifamily property located at 854 Hancock Street in Bedford-Stuyvesant, Brooklyn was recently sold in a closed transaction. The property spans 6,470 square feet and was sold for a sale price of $1,950,000. With a price per square foot of $301, the property offers a promising investment opportunity.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,950,000
• Market: Bedford-Stuyvesant, Brooklyn
• Seller: Shondell Lloyd
• Buyer: @Duke_Properties - Albert Dweck & GD Capital - Mark Guindi / David Zemmol
• Brokers: Brian Davila - @vills25, Steve Reynolds, Tom Reynolds, and Mark Guindi
• Asking Price: $2,000,000
• Square Footage: 6,470
• Price per Square Foot: $301

The buyer, represented by Albert Dweck and Mark Guindi of @Duke_Properties and GD Capital respectively, recognized the potential of this multifamily property. The seller, Shondell Lloyd, made the decision to sell the property at a price slightly below the asking price, resulting in a successful transaction. Brian Davila, Steve Reynolds, Tom Reynolds, and Mark Guindi served as the brokers in the deal, ensuring a smooth negotiation process.