New Apostolic Church Acquires Mixed-Use Property In Brooklyn For $4M
2146-2150 Beverley Road
$4,000,000
$579/SF
Building Size
6,900 SF
Asset Type
Mixed-use
Closing
Jan 17, 2023
AI
The mixed-use property located at 2146-2150 Beverley Road in Brooklyn has been sold in a recent transaction. The property spans across 6,900 square feet and was sold at a price of $4,000,000, resulting in a price per square foot of $580. The buyer in this transaction was the New Apostolic Church, while the seller was Beverley Properties, represented by Raphael Harooni. Jacob Harooni from SP Capital Group acted as the broker in this deal.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $4,000,000
- Square Footage: 6,900
- Price Per Square Foot: $580
- Buyer: New Apostolic Church
- Seller: Beverley Properties - Raphael Harooni
- Broker: Jacob Harooni - SP Capital Group
Jacob Harooni successfully found a buyer for this property within two weeks of the exclusive listing. Additionally, he is currently representing multiple clients who are undergoing 1031 exchanges and are interested in purchasing properties. If you are looking to buy or sell properties in any of the five boroughs, please get in touch with [email protected].
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93