Daily limit: 0/10
Shaker Altayya Acquires 3101-3111 Church Avenue Retail Property From David Klein For $3.5M
SOLD
$3,500,000
New York
See Similar DealsRetail7,300 SF
Sold
SOLD
Shaker Altayya Acquires 3101-3111 Church Avenue Retail Property From David Klein For $3.5M
3101 Church Avenue & 3111 Church Avenue
See Similar DealsRetail7,300 SF
Sold
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$479
Total Square Footage:7300 SF
Transaction Type:Sale
The retail asset located at 3101-3111 Church Avenue in East Flatbush, Brooklyn, consists of a total square footage of 3,650. This property was sold for a transaction amount of $3,500,000, with a price per square foot of $959.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,500,000
- Square Footage: 3,650
- Address: 3101-3111 Church Avenue
- Market: East Flatbush, Brooklyn
- Buyer: Shaker Altayya
- Seller: David Klein
Shaker Altayya acquired the property through 3101-3111 Church Ave LLC, completing the purchase from seller David Klein on February 27, 2026.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
Is there something missing? Send suggestions