Updated Nov 6, 2026
965 Bedford Avenue
965 Bedford Avenue
$4,350,000
$435/SF
Building Size
10,000 SF
Asset Type
Development Site
Closing
Oct 28, 2026
About this deal
AI
The property involved in this transaction is a development site located at 965 Bedford Avenue in Brooklyn. The sale price of the asset was $4,350,000. It has a building square footage (BSF) of 21,500, with a price per building square foot (PPBSF) of $202. Additionally, the site has a total square footage (SF) of 10,000, and a price per square foot (PPSF) of $435.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,350,000
- BSF: 21,500
- PPBSF: $202
- SF: 10,000
- PPSF: $435
- Buyer: Barry Shor & Jacob Scherman - Homeland Property Group
- Seller: Universal Outreach
- Date of Sale: 10/28/2026
Barry Shor and Jacob Scherman, representing Homeland Property Group, are the buyers of the 965 Bedford Avenue site. Universal Outreach served as the seller in this transaction. The buyers have noted that the acquisition includes a mixed-use residential and commercial development site with 21,500 square feet buildable. For more information or to discuss new opportunities, interested parties can reach out to Jacob Scherman or Barry Shor.
On the Map
$4,350,000
$435/SF
Development Site
View full map
Players
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Barry Shor to view all their deals.
Browse Brooklyn development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93