Steven Westreich Of Westbridge Realty Group Acquires Retail Property At 132 Osborn Street For $6.235M
132 Osborn Street
$6,235,000
$1,969/SF
Building Size
3,166 SF
Asset Type
Retail
Closing
Oct 22, 2025
About this deal
AI
A retail property located at 132 Osborn Street in Brownsville, Brooklyn, has been sold for $6,235,000. The asset spans 3,166 square feet, resulting in a price per square foot of $1,969. The deal was finalized on October 22, 2025.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,235,000
- Square Footage: 3,166
- Price per Square Foot: $1,969
- Buyer: Steven Westreich - Westbridge Realty Group
- Seller: Brian Fedele
- Market: Brownsville, Brooklyn
Steven Westreich, representing Westbridge Realty Group, was involved in the acquisition of the property from seller Brian Fedele. The transaction marks a consolidation of retail space in the Brooklyn market.
On the Map
$6,235,000
$1,969/SF
Retail
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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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93