Bert Brodsky's BEB Capital Acquires Industrial Property In Bedford-Stuyvesant For $13.5M

Bert Brodsky of BEB Capital has closed on the purchase of an industrial property located at 1045 Atlantic Avenue in the Bedford-Stuyvesant market. The property spans 12,066 square feet and includes a total of 27,410 buildable square feet. The transaction was completed on November 7, 2019 for a total price of $13,500,000, resulting in a price per square foot of $1,118.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $13,500,000
• Square Footage: 12,066 SF
• Price per Square Foot (PPSF): $1,118
• Buildable Square Footage (BSF): 27,410 BSF
• Price per Buildable Square Foot (PPBSF): $492

In this deal, Bert Brodsky of BEB Capital served as the buyer, while Donald Barkin of Slaw Realty Co. represented the seller.