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Shimon Brach Acquires Mixed-Use Building At 682-684 Bedford Avenue For $7.1 Million

Property Image
SOLD
$7,100,000

New York

See Similar Deals
Mixed-use7,470 SF
Sold 01/15/2025
the dealdetailscomps
Property Image
SOLD

Shimon Brach Acquires Mixed-Use Building At 682-684 Bedford Avenue For $7.1 Million

682 684 Bedford Avenue

See Similar Deals
Mixed-use7,470 SF
Sold 01/15/2025

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$950
Total Square Footage:7,470 SF
Transaction Type:Sale

A mixed-use building located at 682-684 Bedford Avenue in Williamsburg was acquired by Shimon Brach's 75 Heyward Realty LLC for a total of $7.1 million. The transaction closed on January 15, 2025. The property encompasses 7,470 square feet of built space and has 894 square feet of available air rights, resulting in a price of $950 per built square foot.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,100,000
  • Address: 682-684 Bedford Avenue
  • Market: Williamsburg
  • Built Space: 7,470 SF
  • Price per Built SF: $950
  • Air Rights: 894 SF
  • Buyer: Shimon Brach
  • Seller: Mor Paskes

This transaction highlights the involvement of Shimon Brach, who represents 75 Heyward Realty LLC as the buyer in this deal, while Mor Paskes stands as the seller. The closing of this sale signifies a key development in the Williamsburg real estate market.

Details

SOLD
IMAGE: 01/15/2025 ADDRESS: 682-684 Bedford Avenue MARKET: Williamsburg ASSET TYPE: Mixed-use BUYER: Shimon Brach SELLER: Mor Paskes SALE PRICE: $7,100,000 BSF: 8,359 ~ PPBSF: $849 SF: 7,470 ~ PPSF: $950 NOTE: Shimon Brach's 75 Heyward Realty LLC acquired a mixed-use building at 682-684 Bedford Avenue in Williamsburg for $7.1 million, with the deal closing on January 15, 2025. The property features 7,470 square feet of built space and 894 square feet of air rights, translating to a sale price of $950 per built square foot.

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