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
Brooklyn Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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