Shaun Lynda Acquires Mixed-use Property In East Flatbush For $1.35M
4714 Church Avenue, Brooklyn, New York 11203, United States
$1,350,000
$381/SF
Building Size
3,540 SF
Asset Type
Mixed-use
Closing
May 31, 2022
About this deal
AI
Located at 4714 Church Ave in East Flatbush, this mixed-use property was recently sold in a transaction on 06/01/2022. The property spans 3,540 square feet and is characterized by its versatile use.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,350,000
- SF: 3,540
- PPSF: $381
- Address: 4714 Church Ave
- Market: East Flatbush
The buyer of the property is Shaun Lynda, while Elias Taeid acted as the seller. The deal was facilitated by Michael Murphy and Jermaine Pugh from B6 Real Estate Advisors.
On the Map
$1,350,000
$381/SF
Mixed-use
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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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93