Bashir Alsaedi Acquires Mixed-Use Property In Williamsburg For $2.5M
128 Bedford Avenue
$2,500,000
$446/SF
Building Size
5,600 SF
Asset Type
Mixed-use
Closing
Mar 13, 2024
AI
The property at 128 Bedford Avenue in Williamsburg, Brooklyn is a mixed-use asset that was recently sold for $2,500,000. The building spans 5,600 square feet, resulting in a price per square foot of $446. The sale involved Bashir Alsaedi as the buyer and Rafael Castro as the seller. The transaction was facilitated by brokers Robert Napolitano and Theo Eastwind of Capri Jet Realty.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,500,000
- Address: 128 Bedford Avenue
- Market: Williamsburg, Brooklyn
- Buyer: Bashir Alsaedi
- Seller: Rafael Castro
- Brokers: Robert Napolitano & Theo Eastwind - Capri Jet Realty
Robert Napolitano can be reached at 917-225-7584 or [email protected]. Theo Eastwind's contact information is 718-536-7787 or [email protected].
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93