Updated Dec 19, 2023
Justin Christofel Acquires Condo At 46-30 Center Blvd For $3.4M
4630 Center Blvd Ph 5, Long Island City, Ny 11109, Usa
$3,451,000
$1,568/SF
Building Size
2,200 SF
Asset Type
—
Closing
Jun 25, 2020
About this deal
AI
The property at 46-30 Center Blvd – PH5 in Long Island City has been sold in a closed transaction. The condo unit, spanning 2,200 square feet, was sold for a final price of $3,451,000. The property has a price per square foot (PPSF) of $1,568. The transaction took place on June 26, 2020.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,451,000
- Market: LIC
The seller of the property was Chris Cooks. The buyer who acquired the condo unit is Justin Christofel. The seller was represented by Cristina Candio & Christina DeCurtis from TheRealMarketTeam at Compass. The property was listed with an asking price of $3,250,000, and ultimately sold for a higher amount.
Players
Long Island City CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $3.5M for 2,200 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93