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
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