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1468 Fulton Street

Exodus Capital Brokers Sell Mixed-Use Property In Bedford-Stuyvesant, Brooklyn For $1.9M
SOLDMixed-use

Exodus Capital Brokers Sell Mixed-Use Property In Bedford-Stuyvesant, Brooklyn For $1.9M

1468 Fulton Street

$1,900,000

$475/SF

Building Size

4,000 SF

Asset Type

Mixed-use

Closing

Oct 19, 2023

AI

The mixed-use property located at 1468 Fulton Street in Bedford-Stuyvesant, Brooklyn has been sold for a total price of $1,900,000. The property spans 4,000 square feet, resulting in a price per square foot of $475.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,900,000
  • Address: 1468 Fulton Street
  • Market: Bedford-Stuyvesant, Brooklyn

The seller of the property is Desmond Lewis. The sale was facilitated by Haley Hasho, Justin Conway, and Joey Mohsen, who are brokers representing Exodus Capital.

Players

Haley Hasho

Exodus Capital

Broker

$378.2M

vol

47 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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93