SOLD
Bedford-Stuyvesant Multifamily Sells For $1.93M With BRG's Derek, Adam, Steve, Tom, Brian, And Sean
240A Vernon Avenue
MultiFamily
3,360 SF
3,360 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
3,360 sqft
The multifamily property located at 240A Vernon Ave in Bedford-Stuyvesant, Brooklyn has been sold for a price of $1,930,000. The property spans a total of 3,360 square feet, resulting in a price per square foot of $574. The sale took place on 12/02/2021 and the property is classified as a 2A tax class. The transaction reflects a 4.7% capitalization rate.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,930,000
- Square Footage: 3,360
- Price per Square Foot: $574
- Market: Bedford-Stuyvesant, Brooklyn
- Tax Class: 2A
Derek Bestreich, Adam Lobel, Steve Reynolds, Tom Reynolds, Brian Davila, and Sean Mashihi, all representing BRG (Bestreich Realty Group), were the brokers involved in this transaction.
The property has undergone a full renovation and offers potential for increased rental income.
Players
All
8
Agents
6
Agencies
2
Details
SOLD
IMAGE: Derek Bestreich, Adam Lobel & Steve Reynolds
DATE: 12/02/2021
ADDRESS: 240A Vernon Ave.
MARKET: Bedford-Stuyvesant, Brooklyn
ASSET TYPE: Multifamily ~ TAX CLASS: 2A
BROKERS: Derek Bestreich, Adam Lobel (@AdamLobelRealEstate), Steve Reynolds (@SJRey09), Tom Reynolds, Brian Davila & Sean Mashihi - BRG (Bestreich Realty Group) (@BRG_CRE)
SALE PRICE: $1,930,000
SF: 3,360 ~ PPSF: $574
CAP: 4.7%
NOTE FROM @BRG_CRE: The property was fully renovated with upside in the rents.View on map
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Address240A Vernon Avenue
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