Updated May 8, 2026
Keller Williams Realty's Bishoy Megalla Sells Elmwood Park Church For $2.3M
21 Church Street
$2,300,000
$191/SF
Building Size
12,000 SF
Asset Type
Church
Closing
Apr 5, 2026
About this deal
AI
The transaction involved a church located at 21 Church Street in Elmwood Park. The asset was sold for $2,300,000, covering a total area of 12,000 square feet, with a price per square foot of $191. The property was listed at $1,700,000 prior to the sale.
Summary of transaction details:
- Property Type: Church
- Transaction Amount: $2,300,000
- Square Footage: 12,000
- Address: 21 Church Street
- Market: Elmwood Park
- Seller's Representative: Bishoy Megalla - Keller Williams Realty
Bishoy Megalla represented the seller in this transaction, facilitating the sale process and ensuring a successful deal in the Elmwood Park area.
Elmwood Park Church Market Snapshot
Boundary boundary · Church · Sale transactions
Loading comparables…
Deal FAQ
Visit Bishoy Megalla to view all their deals.
Browse Elmwood Park church sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93