Judy Swimer & Faigy Fischman Buy Retail Property In Flatbush For $3.99M
2625 Bedford Avenue
$3,990,000
$399/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Jun 7, 2024
About this deal
AI
The retail property located at 2625 Bedford Avenue in the Flatbush market was sold for $3,990,000. The property spans 10,000 square feet, resulting in a price per square foot of $399. The transaction took place on 06/07/2024 with Judy Swimer & Faigy Fischman purchasing the asset from Roundtree Realty. The deal was facilitated by SPR Group LLC.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,990,000
- Address: 2625 Bedford Avenue
- Market: Flatbush
- Buyer: Judy Swimer & Faigy Fischman
- Seller: Roundtree Realty
- Broker: SPR Group LLC
- Square Footage: 10,000
- Price Per Square Foot: $399
The buyers of the property, Judy Swimer & Faigy Fischman, took ownership of the retail asset, making a significant investment in the Flatbush market. On the other hand, Roundtree Realty, the seller in this transaction, successfully closed the deal through the representation of SPR Group LLC as the broker.
On the Map
$3,990,000
$399/SF
Retail
View full map
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Brooklyn retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.98%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93