SOLD
Cycamore Living Acquires Mixed-Use Property In Crown Heights For $1.9M
1375 Bedford Avenue
Mixed-use
3,763 SF
3,763 SF
Summary
Sale
NEW YORK
Mixed-use
3,763 sqft
The mixed-use property located at 1375 Bedford Ave in Crown Heights has been sold. The transaction took place on April 17, 2019.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,925,000
- Sale Price per Square Foot: $511
- Number of Units: 3
- Price per Unit: $641,666
- CAP Rate: 5.9%
Moshe Simpson was the seller, while Cycamore Living represented by Johnny Din and Jon Cypers acted as the buyer for this transaction. TerraCRG, represented by Matt Cosentino, Fred Bijou, Damhi Shaw, Eddie Laboz, and Eric Satanovsky, served as the brokers involved in the deal.
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Details
SOLD
IMAGE: Matt Cosentino, Fred Bijou, Damhi Shaw, Eddie Laboz, Johnny Din, Eric Satanovsky and Jon Cypers
DATE: 04/17/2019
ADDRESS: 1375 Bedford Ave
MARKET: Crown Heights
ASSET TYPE: Mixed-use
SELLER: Moshe Simpson
BUYER: Cycamore Living - Johnny Din & Jon Cypers
BROKERS: TerraCRG - Matt Cosentino, Fred Bijou, Damhi Shaw, Eddie Laboz
&
Eric Satanovsky
SALE PRICE: $1,925,000 / SF: 3,763 / PPSF: $511
UNITS: 3 / PPU: $641,666 / CAP RATE: 5.9%View on map
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Address1375 Bedford Avenue
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