New York City · Commercial sale

411 Van Brunt Realty buys 130 Beard Street in Brooklyn for $21.5 million

A dormitory at 130 Beard Street, Brooklyn sold for $21,500,000 on September 16, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published October 29, 2026

Sold September 16, 2026 · New York, New York

Aerial view of 130 Beard Street, Brooklyn with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale.

Sale price: $21,500,000
Sold: September 16, 2026
Property type: Dormitory
Building area: 17,771 sq ft
Price per sq ft: $1,210
Year built: 2018

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 16, 2026

Seller's estimated net sheet

130 Beard Street, Brooklyn

Sale price	$21,500,000
Prorations
Property tax proration (refund to seller)	$278,940.41
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$86,000
NY State additional transfer tax (NYC non-residential $2M+)	$53,750
NYC real property transfer tax (commercial/other)	$564,375
Other costs
Wire / courier / payoff processing	$75
Total deductions	$705,950
Estimated net to seller	$21,072,990.41

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NetSheet.orgSeptember 16, 2026

Buyer's estimated net sheet

130 Beard Street, Brooklyn

Purchase price (cash)	$21,500,000
Title and settlement
Owner's title insurance policy	$68,687.55
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Deed recording fee	$250
Prorations
Reimburse seller for prepaid taxes	$278,940.41
Closing costs and prepaids	$350,127.96
Estimated cash to close	$21,850,127.96

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Annual property tax estimated at 1.65% of price ($354,750).
Title and settlement fees are typical estimates, not quotes.

Selling in Brooklyn?

New York City transfer tax and closing costs

A dormitory in Brooklyn sold for $21,500,000, a price that is 5.4 times its market value. The sale closed on September 16, 2026, at 130 Beard Street, according to city property records.

The building has 17,771 square feet of space. It was built in 2018 on a 0.54-acre lot. The sale works out to $1,210 per square foot, the tax roll shows.

The seller is 411 Van Brunt LLC. The buyer is 411 Van Brunt Realty LLC. The market value on record is $3,958,000.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in New York City?

By our estimate, the seller's two largest charges, not counting prorations, were $564,375 for the nYC real property transfer tax (commercial/other) and $86,000 for the nY State real estate transfer tax. Who pays what follows New York City custom.

How much did the seller net?

By our estimate, the seller netted about $21,072,990. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $21,850,128 at closing. That covers the full price and closing costs.

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130 Beard Street, Brooklyn, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026091700861001. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.