Duke_Properties & GD Capital Acquire MultiFamily Property In Bedford-Stuyvesant, Brooklyn
854 Hancock Street
5,691 SF
Summary
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.
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