Metropolitan New York Synod Of The Evangelical Lutheran Church In America Sells Church On East 140th Street In New York City For $995,000 With Meylin Maldonado - Compass
435 East 140th Street
$995,000
$157/SF
Building Size
6,308 SF
Asset Type
Church
Closing
Apr 4, 2023
AI
The Metropolitan New York Synod of the Evangelical Lutheran Church in America has sold a church property located at 435 East 140th Street in New York City. The church, spanning 6,308 square feet, was sold for a price of $995,000, resulting in a price per square foot of $158.
Summary of transaction details:
- Property Type: Church
- Transaction Amount: $995,000
- Address: 435 East 140th Street
- Market: New York City
Meylin Maldonado from Compass represented the Metropolitan New York Synod of the Evangelical Lutheran Church in America in this transaction.
Players
Market Church Market Snapshot
Boundary boundary · Church · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.94%
Cash-on-Cash
-4.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93