Yehuda Lefkowitz Acquires Mixed-Use Building In Borough Park For $3.7M From Kolel Ohel Elimelech Rabbinical Seminary
1235 47th Street
$3,700,000
$657/SF
Building Size
5,632 SF
Asset Type
Mixed-use
Closing
Jul 24, 2026
About this deal
AI
A two-unit mixed-use building located at 1235 47th Street, Borough Park, Brooklyn, was sold for $3,700,000. The property encompasses a total area of 5,632 square feet, translating to a price per square foot of $657.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,700,000
- Buyer: Yehuda Lefkowit
- Seller: Kolel Ohel Elimelech Rabbinical Seminary
- Sale Date: 07/24/2026
- Square Feet: 5,632
- Price Per Square Foot: $657
Yehuda Lefkowitz, through 1235 47 St LLC, was the buyer in this transaction, acquiring the property from Kolel Ohel Elimelech Rabbinical Seminary.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93