Yeshivat Lev Torah Acquires School Property At 3330 Kings Highway For $10M From Yeshivah Rambam
3330 Kings Highway
$10,000,000
$474/SF
Building Size
21,068 SF
Asset Type
School
Closing
Mar 17, 2026
About this deal
AI
The property asset involved in this transaction is a school located at 3330 Kings Highway in Marine Park, Brooklyn. The sale was finalized at a price of $10,000,000, and the property encompasses 21,068 square feet, resulting in a price per square foot of $475.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $10,000,000
- Address: 3330 Kings Highway
- Market: Marine Park, Brooklyn
- Buyer: Yeshivat Lev Torah
- Seller: Yeshivah Rambam
- Square Footage: 21,068
- Price per Square Foot: $475
The transaction was represented by Yeshivat Lev Torah as the buyer and Yeshivah Rambam as the seller, with the deal closing on March 17, 2026. This acquisition by Yeshivat Lev Torah signifies a strategic expansion in their educational offerings.
On the Map
$10,000,000
$474/SF
School
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93