Updated Jul 22, 2025
Isaac Sayegh Acquires Multifamily Property On Bedford Avenue In Sheepshead Bay, Brooklyn For $1.3M
4127 Bedford Avenue, Sheepshead Bay, Brooklyn, NY, USA
$1,300,000
$477/SF
Building Size
2,720 SF
Asset Type
MultiFamily
Closing
Mar 17, 2021
About this deal
AI
A multifamily property located at 4127 Bedford Avenue in Sheepshead Bay, Brooklyn, was recently sold in a closed transaction. The property consists of a total of 2,720 square feet, with a sale price of $1,300,000, resulting in a price per square foot of $478. The transaction took place on March 18, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Market: Sheepshead Bay, Brooklyn
- Address: 4127 Bedford Avenue
The buyer in this transaction was Isaac Sayegh, while the seller was Nicola Mascitti. Thomas Bigansky, representing Nassau County Properties and Stone Gate Real Estate, served as the broker for this deal.
It is worth noting that Thomas Bigansky is currently working with multiple buyers who are actively seeking multi-family properties in Brooklyn, Queens, and Nassau. If you are considering selling a similar property in the future, you can reach out to Thomas at 516-343-6964.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93