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
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