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Balbir Singh Buys 960 Myrtle Avenue Multifamily In Bedford Stuyvesant, Brooklyn

Property Image
SOLD
$3,500,000

New York

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MultiFamily6,000 SF
Sold 03/05/2024
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Property Image
SOLD

Balbir Singh Buys 960 Myrtle Avenue Multifamily In Bedford Stuyvesant, Brooklyn

960 Myrtle Avenue

See Similar Deals
MultiFamily6,000 SF
Sold 03/05/2024

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$583
Total Square Footage:6,000 SF
Transaction Type:Sale

A multifamily property located at 960 Myrtle Avenue in Bedford Stuyvesant, Brooklyn, was recently sold for $3.5 million. The eight-unit residential walkup building spans 6,000 square feet and a BSF of 10,495. The price per unit stood at $437,500, while the price per square foot was $583. Balbir Singh's entity, 960 Myrtle Ave LLC, acquired the property from Jack Paz, LLC.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Units: 8
  • Price per Unit: $437,500
  • BSF: 10,495
  • PPSF: $583
  • SF: 6,000
  • Address: 960 Myrtle Avenue
  • Market: Bedford Stuyvesant, Brooklyn

Balbir Singh, as the buyer, acquired the property located at 960 Myrtle Avenue. The seller, Yaakov Faizulov, facilitated the sale of this multifamily asset in Bedford Stuyvesant. The transaction involved Balbir Singh's entity, 960 Myrtle Ave LLC, as the purchasing party.

Details

SOLD
IMAGE: DATE: 03/05/2024 ADDRESS: 960 Myrtle Avenue MARKET: Bedford Stuyvesant, Brooklyn ASSET TYPE: Multifamily BUYER: Balbir Singh SELLER: Yaakov Faizulov SALE PRICE: $3,500,000 UNITS: 8 ~ PPU: $437,500 BSF: 10,495 ~ PPBSF: $333 SF: 6,000 ~ PPSF: $583 NOTE: Balbir Singh's entity, 960 Myrtle Ave LLC, purchased an eight-unit residential walkup building at 960 Myrtle Avenue in Bedford Stuyvesant, Brooklyn, from Jack Paz, LLC, for $3.5 million.

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