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3215 Church Avenue

Stephen Manoj Acquires Mixed-Use Property From Falcone Family In Flatbush For $1.337M
SOLDMixed-use

Stephen Manoj Acquires Mixed-Use Property From Falcone Family In Flatbush For $1.337M

3215 Church Avenue

$1,337,000

$415/SF

Building Size

3,220 SF

Asset Type

Mixed-use

Closing

Dec 17, 2025

AI

A mixed-use property located at 3215 Church Avenue in Flatbush, Brooklyn has been sold for $1,337,000. The property spans a total of 3,220 square feet, equating to a price per square foot of $415.

Summary of transaction details:

This transaction involved multiple brokers representing both the buyer and seller, with Shaun Riney, Andrew Bronsteen, Daniel Greenblatt, and Julian Perla from Marcus & Millichap facilitating the deal. Their involvement highlights the collaborative efforts in closing this transaction.

Players

Andrew Bronsteen

Marcus & Millichap

Broker

$271M

vol

65 deals

Broker
Shaun Riney
Verified Badge

Shaun Riney

Marcus & Millichap

Broker

$1.8B

vol

358 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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

11.86%

Cash-on-Cash

-3.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93