Govli Holdings LLC Acquires Retail Property From Simkho Aranbayev & Nathan Pinkhasov For $3.25M
9508 Church Avenue
$3,250,000
$471/SF
Building Size
6,900 SF
Asset Type
Retail
Closing
Feb 13, 2026
About this deal
AI
A retail property located at 9508 Church Avenue in East Flatbush, Brooklyn, was sold for $3,250,000. The property encompasses 6,900 square feet, resulting in a price per square foot of $471.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,250,000
- Sale Date: February 13, 2026
- Buyer: Govli Holdings LLC
- Seller: Simkho Aranbayev & Nathan Pinkhasov
- Square Footage: 6,900
- Price per Square Foot: $471
- Market: East Flatbush, Brooklyn
Govli Holdings LLC is the buyer in this transaction, acquiring the property from sellers Simkho Aranbayev and Nathan Pinkhasov. This deal reflects a significant investment in the East Flatbush retail market.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93