SOLDMixed-use
Simon Ethan Elyakim Acquires Mixed-Use Property At 1079 Broadway Bushwick For $3.2M
1079 Broadway
$3,200,000
$633/SF
Building Size
5,049 SF
Asset Type
Mixed-use
Closing
Jun 22, 2026
AI
Simon Ethan Elyakim has purchased a mixed-use property located at 1079 Broadway in Bushwick, Brooklyn, spanning a total of 5,049 square feet. The transaction was finalized for a total consideration of $3,200,000, translating to approximately $634 per square foot.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,200,000
- Sale Date: June 22, 2026
- Address: 1079 Broadway
- Market: Bushwick, Brooklyn
- Square Footage: 5,049
- Price Per Square Foot: $634
- Buyer: Simon Ethan Elyakim
- Seller: Alan Zeitler
The acquisition marks a significant transaction between the buyer and seller, where Simon Ethan Elyakim has successfully acquired the property from Alan Zeitler, highlighting the active market dynamics in Bushwick, Brooklyn.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93