Menachem Deutsch Acquires Multifamily Property On Bedford Avenue, Brooklyn For $4M

Menachem Deutsch has acquired an eight-unit residential walkup building located at 974 Bedford Avenue in Bedford Stuyvesant, Brooklyn. The property, sold by Watermark Capital Group with Wolfe Landau as the signatory, was purchased for a total of $4 million. The multifamily asset features a total of 7,868 square feet, with each unit priced at $500,000. The price per square foot for the property is $508.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Address: 974 Bedford Avenue, Bedford Stuyvesant, Brooklyn
• Buyer: Menachem Deutsch
• Seller: Wolfe Landau - Watermark Capital Group
• Units: 8
• Price per Unit: $500,000
• Square Footage: 7,868
• Price per Square Foot: $508

It is worth noting that Menachem Deutsch acquired the property from Watermark Capital Group, with Wolfe Landau as the signatory, in a transaction valued at $4 million.