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1003 Liberty Avenue

Jasvir Singh Purchases 18,820 Square Foot Commercial Building In Brooklyn For $3.6M From Corey Kandel
SOLDCommercial

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