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206 Kent Avenue

Jason Behfarin Of G4 Capital Partners Acquires Office Building In Williamsburg For $65M
SOLDOffice

Jason Behfarin Of G4 Capital Partners Acquires Office Building In Williamsburg For $65M

206 Kent Avenue

$65,000,000

$800/SF

Building Size

81,172 SF

Asset Type

Office

Closing

Mar 30, 2026

AI

The property asset involved in the transaction is an office building located at 206 Kent Avenue in Williamsburg, Brooklyn. The asset has a total square footage of 81,172 and was sold for a price of $65,000,000, resulting in a price per square foot of approximately $801.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $65,000,000
  • Address: 206 Kent Avenue
  • Market: Williamsburg, Brooklyn
  • Square Footage: 81,172
  • Price per Square Foot: $801
  • Buyer: Jason Behfarin - G4 Capital Partners
  • Seller: Yitzchak Tessler

Key individuals involved in the deal include Jason Behfarin, who represented G4 Capital Partners in the acquisition of the property from Yitzchak Tessler. The transaction showcases the interactions between these parties in the pursuit of real estate investments in Brooklyn.

Players

Jason Behfarin

G4 Capital Partners

Buyer

$497.1M

vol

8 deals

Buyer
Yitzchak Tessler

Yitzchak Tessler

Seller

$80.5M

vol

2 deals

Seller

Brooklyn Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.24%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93