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27 Church Avenue

Yasir Arafat Acquires Mixed-Use Property At 27 Church Avenue Brooklyn For $1.1M
SOLDMixed-use

Yasir Arafat Acquires Mixed-Use Property At 27 Church Avenue Brooklyn For $1.1M

27 Church Avenue

$1,100,000

$846/SF

Building Size

1,300 SF

Asset Type

Mixed-use

Closing

Apr 7, 2026

AI

This mixed-use property, located at 27 Church Avenue in Brooklyn, was sold for $1,100,000. It encompasses a single unit with a total area of 1,300 square feet, resulting in a price per square foot of $846.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,100,000
  • Units: 1
  • Square Feet: 1,300
  • Price Per Square Foot: $846
  • Buyer: Yasir Arafat
  • Seller: Rosalba G. Monteleone
  • Seller's Representatives: Vito Angelo & Billy Apter - Re/Max
  • Date of Sale: 4/8/2026

Vito Angelo and Billy Apter represented the seller, Rosalba G. Monteleone, in this transaction. They offer services for homeowners considering selling, emphasizing the potential rise in property value and changes in real estate laws that may impact equity.

Players

Vito Angelo

Re/Max

Broker

$79M

vol

39 deals

Broker

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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93