facebook
Traded Co logo
Submit

Moshe Guttman Purchases Multifamily Asset At 983 Bedford Ave Brooklyn For $2.6M

Property Image
SOLD
$6,075,000

New York

See Similar Deals
MultiFamily69,000 SF
Sold 09/15/2024
the dealplayerscompscontact
Property Image
SOLD

Moshe Guttman Purchases Multifamily Asset At 983 Bedford Ave Brooklyn For $2.6M

983 Bedford Avenue

See Similar Deals
MultiFamily69,000 SF
Sold 09/15/2024
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$88
Total Square Footage:69,000 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 983 Bedford Ave in the Brooklyn market. The sale price was $2,600,000, with the property encompassing a square footage of 3,000 and a price per square foot of $867.

Summary of transaction details:

In this transaction, Moshe Guttman acquired the property, while Yaniv Grinberg and Nathaniel Smith from Oxford Property Group represented the parties involved in the deal. This indicates a noteworthy collaboration in the multifamily sector within Brooklyn.

Players

Nathaniel Smith
13 deals$35.1M volume(516) 650-8549
BROKER

Yaniv Grinberg
Oxford Property Group
8 deals$28.5M volume(917) 473-1108
BROKER

Details

SOLD
IMAGE: Yaniv Grinberg & Nathaniel Smith DATE: 07/01/2024 ADDRESS: 983 Bedford Ave MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Moshe Guttman BROKERS: Yaniv Grinberg & Nathaniel Smith (@TeamCRENY) - Oxford Property Group (@OxfordSpireGroup) SALE PRICE: $2,600,000 SF: 3,000 ~ PPSF: $867

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$324,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,583.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,798.60
Annual Debt Service$345,583.19