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
About this deal
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.
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