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Abe Garbo And Sara Rottenberg Acquire Church In Brooklyn From Metropolitan New York Synod For $4.7M

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SOLD
$4,700,000

New York

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Church5,400 SF
Sold 08/15/2024
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Property Image
SOLD

Abe Garbo And Sara Rottenberg Acquire Church In Brooklyn From Metropolitan New York Synod For $4.7M

129 Russell Street

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Church5,400 SF
Sold 08/15/2024
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Summary

NEW YORK
Asset Type:Church
Price Per Square Foot:$870
Total Square Footage:5,400 SF
Transaction Type:Sale

The asset involved in this transaction is a church located at 129 Russell Street in Brooklyn, with a sale price of $4,700,000. The property encompasses a total area of 5,400 square feet, resulting in a price per square foot of $870.

Summary of transation details:

  • Property Type: Church
  • Transaction Amount: $4,700,000
  • Square Footage: 5,400
  • Price per Square Foot: $870
  • Buyer: Abe Garbo & Sara Rottenberg
  • Seller: Metropolitan New York Synod (MNYS)
  • Broker: Meylin Maldonado - Compass
  • Transaction Date: 08/15/2024

The sale was facilitated by Meylin Maldonado, who is the CEO of the Hillin Advisory Team at Compass. This transaction marks the fifth property sold by Meylin Maldonado in a multi-borough, mixed-use portfolio, representing both the seller and the purchasers throughout the deal.

Players

Meylin Maldonado
7 deals$22.7M volume
BROKER

Details

SOLD
IMAGE: Abe Garbo, Meylin Maldonado & Sara Rottenberg DATE: 08/15/2024 ADDRESS: 129 Russell Street MARKET: Brooklyn ASSET TYPE: Church BUYER: Abe Garbo & Sara Rottenberg SELLER: Metropolitan New York Synod (MNYS) BROKER: Meylin Maldonado (@Meylinworld) - Compass (@Compass) SALE PRICE: $4,700,000 SF: 5,400 ~ PPSF: $870 NOTE FROM BROKER: The sale of 129 Russell Street was facilitated by Meylin Maldonado, CEO of the Hillin Advisory Team at Compass, successfully representing the seller and purchaser on this transaction. This is the fifth property in a multi-borough, mixed use portfolio sold by Meylin Maldonado. Whether you have a similar property you are interested in selling or would like to connect for more upcoming opportunities, please reach out directly: Meylin Maldonado @meylinworld CEO/Founder @hillinadvisory [email protected]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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