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346 Malcolm X Boulevard

Chana Goodman Purchases Mixed-Use Property On Malcolm X Boulevard For $1.625M From Seller Seth Weissman
SOLDMixed-use

Chana Goodman Purchases Mixed-Use Property On Malcolm X Boulevard For $1.625M From Seller Seth Weissman

346 Malcolm X Boulevard

$1,625,000

$644/SF

Building Size

2,520 SF

Asset Type

Mixed-use

Closing

Mar 31, 2026

AI

This mixed-use property is located at 346 Malcolm X Boulevard in Brooklyn. The sale price was $1,625,000, covering a total area of 2,520 square feet, which equates to a price per square foot of $644.

Summary of transaction details:

Key individuals in this transaction include Chana Goodman, who acted as the buyer, and Seth Weissman, representing the seller. The seller was represented by a team from Ripco, which included Brian Whelan, Mitchel Flaherty, Jonathan Auerbach, Jake Shapiro, and Jared Gootnick.

Players

Brian Whelan

Ripco

Broker

$137.6M

vol

31 deals

Broker
Seth Weissman

Seth Weissman

Seller

$590.5M

vol

56 deals

Seller

New York 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

9.76%

Cash-on-Cash

-2.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93