Ronen Ben Joseph pays $22.5M for former Brookland Capital property in Bedford-Stuyvesant

Ronen Ben Joseph through the entity 691 Marcy Development LLC paid Marcy Upreal LLC $22.5 million for 689 Marcy Avenue in Bedford-Stuyvesant, a property formerly owned by Brookland Capital. The deal closed on December 11, 2020 and was recorded on February 10, 2021. The transaction consists of 1 parcel, including the tax class multifamily, fireproof (standard construction without stores) (D3) and containing 41 residential units. The property is 50,929 square feet.
The sale price per unit is $548,293.

This is a former Brookland Capital. The contract date was September 10, 2020. The last time the property sold was February 4, 2014 for $4,500,000.
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The signatory for the buyer was Ronen Ben Joseph.