United Christian Church Of God Acquires Mixed-use Property From Bernadette Brown For $730,000
142 17 Rockaway Boulevard
$730,000
$422/SF
Building Size
1,728 SF
Asset Type
Mixed-use
Closing
Jul 22, 2025
AI
The property located at 142-17 Rockaway Boulevard is a mixed-use asset situated in the Jamaica market. The transaction was completed at a sale price of $730,000, with a single unit and a total square footage of 1,728, resulting in a price per square foot of $422.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $730,000
- Units: 1
- Square Footage: 1,728
- Price per Square Foot: $422
- Buyer: United Christian Church of God
- Seller: Bernadette Brown
- Seller's Representative: Mike Sezan - Asset CRG Advisors
This transaction involved United Christian Church of God as the buyer and Bernadette Brown as the seller. The seller was represented by Mike Sezan from Asset CRG Advisors, who noted that this was the second property on the block sold by the agency, and the property went under contract within two weeks of being listed.
Players
Jamaica 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
21.73%
Cash-on-Cash
-6.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93