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Brooklyn

Jason Bijur Acquires 7-Unit Bed-Stuy Multifamily For $3.525M With Buyer's Rep Ian Mednick
SOLDMultiFamily

Jason Bijur Acquires 7-Unit Bed-Stuy Multifamily For $3.525M With Buyer's Rep Ian Mednick

$3,525,000

$677/SF

Building Size

5,200 SF

Asset Type

MultiFamily

Closing

Jun 18, 2026

AI

This multi-family asset was sold for $3,525,000 in the Bed-Stuy neighborhood of Brooklyn. The property features 7 units, making the price per unit $503,571. It has a total square footage of 5,200, resulting in a price per square foot of $678. The building is a new construction, classified under 421-a, and is 100% rent stabilized.

Summary of transaction details:

The transaction involved notable individuals including buyer Jason Bijur, who engaged Ian Mednick of Compass as his representative. The seller was represented by Matthew Cosentino and Aden Verdun from Terra CRG. This deal highlights the collaborative efforts of the brokerage teams in facilitating the transaction.

Players

Matthew Cosentino

Terra CRG

Broker

$319M

vol

81 deals

Broker

Market 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

4.50%

Cash-on-Cash

-1.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93