Laurent And Kevin Wendum Acquire Mixed-Use Property In Bushwick From Todor Sfera For $4.1M
247 Starr Street
$4,100,000
$546/SF
Building Size
7,500 SF
Asset Type
Mixed-use
Closing
Jun 1, 2026
About this deal
AI
A mixed-use property located at 247 Starr Street in Bushwick, Brooklyn, was sold for a total of $4.1 million. The asset spans 7,500 square feet, translating to a price per square foot of $547. The sale was completed on June 1, 2026.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,100,000
- Square Footage: 7,500
- Price per Square Foot: $547
- Buyer: Laurent Wendum & Kevin Wendum
- Seller: Todor Sfera
- Market: Bushwick, Brooklyn
- Date of Sale: June 1, 2026
This transaction involved Laurent Wendum and Kevin Wendum acquiring the property from Todor Sfera. The details reflect a notable engagement between the buyer and seller in the local real estate market of Bushwick.
On the Map
$4,100,000
$546/SF
Mixed-use
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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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93