facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

614 Brighton Beach Avenue

Jeff Sutton Of Wharton Properties Acquires Mixed-Use Asset In Brighton Beach For $5.2M
SOLDMixed-use

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

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.

Players

Jeff Sutton

Wharton Properties

Broker

$5.5B

vol

56 deals

Broker
Wharton Properties
Wharton PropertiesBuyer

Rochester Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

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