facebook
Traded Co logo
Submit

Compass Brokers Sell Dyker Heights Church For $4,077,777

Property Image
SOLD
$4,077,777

New York

See Similar Deals
Church17,120 SF
Sold 12/18/2023
the dealplayerscompscontact
Property Image
SOLD

Compass Brokers Sell Dyker Heights Church For $4,077,777

1033 72nd Street & 1037 72nd Street

See Similar Deals
Church17,120 SF
Sold 12/18/2023
Contact now

Summary

NEW YORK
Asset Type:Church
Price Per Square Foot:$238
Total Square Footage:17,120 SF
Transaction Type:Sale

A church property located at 1033-1037 72nd Street in Dyker Heights, Brooklyn has been sold. The transaction was facilitated by Meylin Maldonado, Grace Rahme, and Fouad Rahme from Compass. The sale price for the property was $4,077,777, and it spans an area of 8,560 square feet, resulting in a price per square foot of $476.

Summary of transaction details

  • Property Type: Church
  • Transaction Amount: $4,077,777
  • Address: 1033-1037 72nd Street, Dyker Heights, Brooklyn
  • Market: Dyker Heights, Brooklyn
  • Brokers: Meylin Maldonado, Grace Rahme & Fouad Rahme - Compass
  • Square Footage: 8,560
  • Price per Square Foot: $476

The successful sale of the church property was made possible with the expertise and representation of Meylin Maldonado, Grace Rahme, and Fouad Rahme from Compass. Their dedication and professionalism contributed to the smooth transaction between the involved parties.

Players

Fouad Rahme
3 deals$12.7M volume(646) 207-6081
BROKER

Meylin Maldonado
Compass
7 deals$22.7M volume
BROKER

Grace Rahme
Compass
1 deal$4.1M volume(949) 275-7777
BROKER

Details

SOLD
IMAGE: Fouad Rahme, Meylin Maldonado & Grace Rahme DATE: 12/18/2023 ADDRESS: 1033-1037 72nd Street MARKET: Dyker Heights, Brooklyn ASSET TYPE: Church BROKERS: Meylin Maldonado (@MeylinWorld), Grace Rahme (@GracengRahme) & Fouad Rahme (@FouRahme) - Compass (@Compass) SALE PRICE: $4,077,777 SF: 8,560 ~ PPSF: $476

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$217,481.44

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,487.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,330.74
Annual Debt Service$231,968.92