Dr. Robert Li Acquires Mixed-Use Property In Williamsburg, Brooklyn For $7.8M
182 Bedford Avenue, Brooklyn, New York 11249, United States
$7,800,000
$1,625/SF
Building Size
4,800 SF
Asset Type
Mixed-use
Closing
May 5, 2022
About this deal
AI
The mixed-use property located at 182 Bedford Ave. in Williamsburg, Brooklyn has been sold in a recent transaction. The sale was facilitated by brokers Ethan Stanton, Brendan Maddigan, Stephen Palmese, Michael Mazzara, and Winfield Clifford from JLL. The property was purchased by Dr. Robert Li from the Skalski Family. The transaction took place on May 6, 2022, and the sale price amounted to $7,800,000. The property spans 4,800 square feet, resulting in a price per square foot of $1,625.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $7,800,000
- Square Footage: 4,800
- Address: 182 Bedford Ave.
- Market: Williamsburg, Brooklyn
It is worth noting that the property is situated at the corner of Bedford Avenue and N 7th Street.
On the Map
$7,800,000
$1,625/SF
Mixed-use
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Players
New York 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
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93