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Horseshoe Developers Acquires Bedford-Stuyvesant Multifamily From Sean Fulcher

197 Jefferson Avenue
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This MultiFamily property located in NY was sold for $1,750,000. The brokers of the deal were Justin Daley and Jerry Tenenbaum

A multifamily property located at 197 Jefferson Ave in Bedford-Stuyvesant has been sold for $1,750,000. The property consists of 3 units with a total square footage of 4,200. The price per unit is approximately $583,333, and the price per square foot is $416.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,750,000
  • Units: 3
  • Price per Unit: $583,333
  • Square Footage: 4,200
  • Price per Square Foot: $416
  • Address: 197 Jefferson Ave
  • Market: Bedford-Stuyvesant

The buyer of the property is Horseshoe Developers, while the seller is Sean Fulcher. Justin Daley from the buyer's representative and Jerry Tenenbaum from Top Nest Properties represented the seller in the transaction.

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Deals
  • Location
    197 Jefferson Avenue197 Jefferson Avenue
  • Sale Price
    $1,750,000$1,750,000
    $416 PPSF$416 PPSF
  • Area
    4,200 SF4,200 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Justin Daley

Justin Daley

Deals1
Sold$1.8M

Agencies

Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices

Agency
Deals550
Volume$3B

Top Nest Properties

Top Nest Properties

Agency
Deals9
Volume$12.5M

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Deal Summary

SALE IMAGE: Jerry Tenenbaum DATE: 09/20/2022 ADDRESS: 197 Jefferson Ave. MARKET: Bedford-Stuyvesant ASSET TYPE: Multifamily BUYER: Horseshoe Developers SELLER: Sean Fulcher BUYER’S REP: Justin Daley SELLER’S REP: Jerry Tenenbaum (@Jerry_Tenenbaum) - Top Nest Properties (@TopNestRealEstate) SALE PRICE: $1,750,000 UNITS: 3 ~ PPU: $583,333 SF: 4,200 ~ PPSF: $416

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197 Jefferson Avenue

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