Jasvir Singh Purchases 18,820 Square Foot Commercial Building In Brooklyn For $3.6M From Corey Kandel
1003 Liberty Avenue
$3,600,000
$191/SF
Building Size
18,820 SF
Asset Type
Commercial
Closing
May 20, 2026
AI
A commercial building located at 1003 Liberty Avenue in Brooklyn has been sold. The property spans 18,820 square feet and was sold for $3,600,000, resulting in a price per square foot of $191. This transaction highlights a notable acquisition within the industrial and retail sectors of the borough.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $3,600,000
- Address: 1003 Liberty Avenue
- Market: Brooklyn
- Square Footage: 18,820
- Price per Square Foot: $191
- Buyer: Jasvir Singh
- Seller: Corey Kandel
- Sale Date: 05/20/2026
Jasvir Singh completed the acquisition of the commercial property from Corey Kandel, representing a significant transaction in the local real estate market. This sale reflects trends in property investments within Brooklyn's industrial landscape.
Players
Brooklyn Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93