Jeff Sutton Of Wharton Properties Acquires Mixed-Use Asset In Brighton Beach For $5.2M
614 Brighton Beach Avenue
$5,200,000
$1,238/SF
Building Size
4,199 SF
Asset Type
Mixed-use
Closing
Apr 27, 2026
About this deal
AI
A mixed-use asset located at 614 Brighton Beach Avenue in Brighton Beach, Brooklyn, was sold for $5.2 million. The property encompasses 4,199 square feet, resulting in a price per square foot of $1,238.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,200,000
- Square Footage: 4,199 SF
- Price Per Square Foot: $1,238
- Seller: Seth Rubinstein & Ira Rubinstein
- Buyer: Jeff Sutton
- Buyer’s Company: Wharton Properties
- Sale Date: 04/27/2026
Jeff Sutton, representing Wharton Properties, has made an entry into the Brighton Beach market through this acquisition from sellers Seth and Ira Rubinstein.
On the Map
$5,200,000
$1,238/SF
Mixed-use
View full map
Players
Rochester Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Jeff Sutton to view all their deals.
Browse Rochester mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93