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1427 Dekalb Avenue

Brian Lynch & Tadgh Macaulay Of TLOA Servicing Sell Mixed-Use Building At 1427 Dekalb Avenue For $2.7M
SOLDMixed-use

Brian Lynch & Tadgh Macaulay Of TLOA Servicing Sell Mixed-Use Building At 1427 Dekalb Avenue For $2.7M

1427 Dekalb Avenue

$2,500,000

$476/SF

Building Size

5,247 SF

Asset Type

Mixed-use

Closing

Sep 23, 2025

AI

The property asset involved in this transaction is located at 1427 Dekalb Avenue in Brooklyn. This mixed-use free market building consists of four residential units and a 2,200 sqft commercial space. The sale price of the property was $2,700,000, with a price per unit of $675,000, and a total square footage of 5,247, resulting in a price per square foot of $515.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,700,000
  • Units: 4
  • Price per Unit: $675,000
  • Total Square Footage: 5,247
  • Price per Square Foot: $515
  • Seller: Brian Lynch & Tadgh Macaulay - TLOA Servicing
  • Seller's Representatives: Baruch Edelkopf & Bryan Altamirano - Schuckman Realty; Carter Clark
  • Date of Transaction: 9/24/2025

Schuckman Realty Inc. exclusively represented the seller, TLOA Servicing, which acquired the property through foreclosure. They have successfully obtained a new certificate of occupancy and eliminated all violations on the property. Additionally, Eitan Earnest of L. Rose Realty provided significant assistance throughout the transaction process.

Players

Baruch Edelkopf

BKREA

Broker

$110.7M

vol

27 deals

Broker
Tloa Servicing
Tloa ServicingSeller

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93