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1469 Bedford Avenue

Updated Feb 3, 2026

Alfred Thompson Sells Brooklyn Multifamily Asset For $3 Million With Alpha Realty Representatives
SOLDMultiFamily

Alfred Thompson Sells Brooklyn Multifamily Asset For $3 Million With Alpha Realty Representatives

1469 Bedford Avenue

$3,000,000

$102/SF

Building Size

29,171 SF

Asset Type

MultiFamily

Closing

Dec 11, 2025

About this deal

AI

The property asset involved in the transaction is a multifamily building located at 1469 Bedford Avenue in Brooklyn, with a sale price of $3,000,000. This asset comprises 30 units and has a total square footage of 29,171, resulting in a per unit price of $100,000 and a price per square foot of $102.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Units: 30
  • Square Footage: 29,171
  • Price Per Unit: $100,000
  • Price Per Square Foot: $102
  • Seller: Alfred Thompson
  • Brokers: Lev Mavashev & Jerry Mavashev - Alpha Realty
  • Date of Transaction: 12/12/2025

The transaction was facilitated by Lev Mavashev & Jerry Mavashev representing the seller. The brokerage firm involved in the deal is Alpha Realty, which indicates the professional alliance overseeing the sale process and the engagement between the parties involved.

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$3,000,000

$102/SF

MultiFamily

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Players

Lev Mavashev

Alpha Realty

Broker

$751.3M

vol

107 deals

Broker
Alpha Realty
Alpha RealtyBrokerage
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $102 per square foot on a published $3M for 29,171 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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