Jose Ferreira Acquires Multifamily Property In Bedford-Stuyvesant, Brooklyn For $4.1M

A multifamily property located at 92 Monroe Street in Bedford-Stuyvesant, Brooklyn has been sold. The property is zoned as R6B and has a lot size of 2,100 square feet, with dimensions of 21 ft x 100 ft. The last recorded sale of the property was on November 22, 2019, for a price of $3,060,000. The property underwent an alteration permit on September 27, 2017.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,125,000
• Market: Bedford-Stuyvesant, Brooklyn
• Buyer: Jose Ferreira
• Seller: Pasquale De Stefano
• Building Square Footage: 4,200
• Price per Building Square Foot: $982
• Lot Square Footage: 2,100
• Price per Square Foot: $1,596
• Last Sale Price: $3,060,000 (11/22/2019)
• Permits: Alteration 2 (09/27/2017)
• Zoning: R6B

The buyer of the property is Jose Ferreira, and the seller is Pasquale De Stefano. The property has a floor area ratio (FAR) of 1.23 and is classified under tax class 1. The sale took place on February 10, 2022.