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132 Osborn Street

Steven Westreich Of Westbridge Realty Group Acquires Retail Property At 132 Osborn Street For $6.235M
SOLDRetail

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

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.

Players

Steven Westreich

Westbridge Realty Group

Buyer

$55M

vol

5 deals

Buyer

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