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128 Bedford Avenue

Bashir Alsaedi Acquires Mixed-Use Property In Williamsburg For $2.5M
SOLDMixed-use

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:

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

Robert Napolitano

Capri Jet Realty

Broker

$36.9M

vol

15 deals

Broker

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