Duke Properties pays $3M for 4-unit in Bedford-Stuyvesant

Albert Dweck’s Duke Properties through the entity 568 Jefferson Ave LLC paid Winston Burnham Living Trust’s Gregory Bowman, As Successor Trustee $3 million for 568 Jefferson Avenue in Bedford-Stuyvesant. The deal closed on January 28, 2021 and was recorded on February 12, 2021. The transaction consists of 1 parcel, including the tax class four families (C3) and containing 4 residential units. The property is 6,834 square feet. The parcel(s) have total development potential of 6,834 square feet.
The average sale price per square foot is $438.

The contract date was October 31, 2019.
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