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Shlomo Karpen Acquires 3-Unit Mixed-Use Building In Bedford Stuyvesant For $3M

Property Image
SOLD
$3,000,000

New York

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Mixed-use4,050 SF
Sold 06/28/2023
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Property Image
SOLD

Shlomo Karpen Acquires 3-Unit Mixed-Use Building In Bedford Stuyvesant For $3M

325 Franklin Avenue Brooklyn, New York 11238, USA

See Similar Deals
Mixed-use4,050 SF
Sold 06/28/2023
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$740
Total Square Footage:4,050 SF
Transaction Type:Sale

Shlomo Karpen has purchased a three-unit mixed-use building at 325 Franklin Avenue in Bedford Stuyvesant, Brooklyn. The property was sold for $3 million by Eleizer Schwimer, Moses Guttman, and Maguire Capital Group.

Summary of transation details

  • Property Type: Mixed-Use
  • Transaction Amount: $3,000,000
  • Address: 325 Franklin Avenue
  • Market: Bedford Stuyvesant, Brooklyn

Shlomo Karpen, the buyer, acquired the property from Eleizer Schwimer, Moses Guttman, and Maguire Capital Group - Eleizer Schwimer.

Players

7 deals$98.9M volume
BUYER

2 deals$7M volume
SELLER

SELLER

Details

SOLD
IMAGE: 06/28/2023 ADDRESS: 325 Franklin Avenue MARKET: Bedford Stuyvesant, Brooklyn ASSET TYPE: Mixed-Use BUYER: Shlomo Karpen SELLER: Eleizer Schwimer, Moses Guttman & Maguire Capital Group - Eleizer Schwimer SALE PRICE: $3,000,000 UNITS: 3 ~ PPU: $1,000,000 BSF: 7,422 ~ PPBSF: $404 SF: 4,050 ~ PPSF: $741 NOTE: Shlomo Karpen has purchased a three-unit mixed-use building at 325 Franklin Avenue in Bedford Stuyvesant, Brooklyn, for $3 million from Eleizer Schwimer, Moses Guttman, and Maguire Capital Group.

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Deal Type
Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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