Jack Waldman Purchases Retail Property At 32 4th Avenue Brooklyn For $6M With Elli Khafizov As Buyer's Rep
32 4th Avenue
$6,000,000
$833/SF
Building Size
7,200 SF
Asset Type
Retail
Closing
Dec 10, 2025
About this deal
AI
The property asset involved in this transaction is a retail asset located at 32 4th Avenue, Brooklyn. The sale price of the property was $6,000,000. The total square footage of the property is 7,200, resulting in a price per square foot of $833.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,000,000
- Address: 32 4th Avenue
- Market: Brooklyn
- Square Footage: 7,200
- Price per Square Foot: $833
- Buyer: Jack Waldman
- Seller: Barry Lipsitz - Lipsitz Property Group
- Buyer's Representative: Elli Khafizov - Atlas Realty Group
The deal involved Barry Lipsitz representing Lipsitz Property Group as the seller, while Elli Khafizov represented the buyer, Jack Waldman, through Atlas Realty Group, highlighting the collaboration between these parties in the successful transaction.
On the Map
$6,000,000
$833/SF
Retail
View full map
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Elli Khafizov to view all their deals.
Browse Brooklyn retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93