Amnon Chacham’s Infinity Properties paid $3M to Jehovah’s Witnesses

Amnon Chacham’s Infinity Properties through the entity 647 Madison LLC paid Jehovah’s Witnesses’s Madison Congregation Of Jehovah’S Witnesses $2.8 million for 1 parcel, including the tax class church, synagogue, chapel (M1) at 645 Madison Street in Bedford-Stuyvesant. The deal closed on August 12, 2019 and was recorded on September 06, 2019. The parcel(s) have total development potential of 23,396 square feet.
The average sale price per square foot is $215.
The estimated cap rate is 1.4%

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link