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142 17 Rockaway Boulevard

United Christian Church Of God Acquires Mixed-use Property From Bernadette Brown For $730,000
SOLDMixed-use

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

Mike Sezan

Asset CRG Advisors

Broker

$117.6M

vol

17 deals

Broker
Asset CRG Advisors
Asset CRG AdvisorsBrokerage

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