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103 North 4th Street

Yoshida & Co Acquires Retail Building From Jeff Sutton's Wharton Properties For $33.5M
SOLDRetail

Yoshida & Co Acquires Retail Building From Jeff Sutton's Wharton Properties For $33.5M

103 North 4th Street

$33,500,000

$5,403/SF

Building Size

6,200 SF

Asset Type

Retail

Closing

Mar 16, 2026

AI

The retail building at 103 North 4th Street is located in Williamsburg, Brooklyn. It has a total square footage of 6,200 and comes with 12,400 square feet of air rights. The property was sold for a transaction amount of $33,500,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $33,500,000
  • Buyer: Yoshida & Co
  • Seller: Jeff Sutton - Wharton Properties, and Daol Asset Management
  • Date of Sale: March 16, 2026
  • Price per Square Foot: $5,403

Yoshida & Co., through its subsidiary Yoshida & Co. Ltd, acquired the property from Jeff Sutton's Wharton Properties and Daol Asset Management, marking the conclusion of the transaction on March 16, 2026.

Players

YC
Yoshida & CoBuyer

Jeff Sutton

Wharton Properties

Seller

$5.5B

vol

56 deals

Seller

Brooklyn Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.47%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93