Sandford 1 LLC Purchases Industrial Property From Michael Levy For $3.3M In Brooklyn
107 Sandford Street
$3,300,000
$1,342/SF
Building Size
2,458 SF
Asset Type
Industrial
Closing
May 18, 2026
AI
Sandford 1 LLC has acquired an industrial property located at 107 Sandford Street, situated in the Bedford-Stuyvesant area of Brooklyn. The sale price reached $3,300,000, translating to a per-square-foot price of $1,343 for the 2,458-square-foot asset.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,300,000
- Address: 107 Sandford Street
- Market: Bedford-Stuyvesant, Brooklyn
- Square Footage: 2,458
- Price Per Square Foot: $1,343
- Buyer: Sandford 1 LLC
- Seller: Michael Levy
- Sale Date: 05/18/2026
Michael Levy was the seller in this transaction, while Sandford 1 LLC represented the buyer in acquiring this industrial space, marking a significant activity in the Bedford-Stuyvesant commercial property market.
Players
Brooklyn Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93