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Dom Casamento's Kingdom Equities Acquires Astoria, Queens Multifamily For $2.9M

Property Image
SOLD
$2,942,500
Max Belinsky
Constantinos Kapelonis
Austin Roche
+ 1

National

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Sold 11/30/2020
the dealplayerscompscontact
Property Image
SOLD

Dom Casamento's Kingdom Equities Acquires Astoria, Queens Multifamily For $2.9M

Sold 11/30/2020
Max Belinsky
Constantinos Kapelonis
Austin Roche
+ 1
the dealplayerscompscontact
Contact now

Summary

Transaction Type:Sale

Players

Austin Roche
BKR Real Estate Group
Austin Roche
10 deals$21.6M volume
BROKER
Max Belinsky
BKR Real Estate Group
Max Belinsky
10 deals$19.7M volume
BROKER
Constantinos Kapelonis
BKR Real Estate Group
Constantinos Kapelonis
9 deals$17.9M volume
BROKER
DC
Dom Casamento
12 deals$47.7M volume
BUYER
E
Enterprises
SELLER

Details

SOLD
IMAGE: @MaxBelinsky , @DimitriKapelonis , @DomCasamento , @ConstantinosKapelonis & @Austin_Roche ADDRESS: 30-90 14th Street MARKET: Astoria, Queens ASSET TYPE: Multifamily SALE PRICE: $2,942,500 SF: 11,830 ~ PPSF: $249 UNITS: 18 SELLER: F&F Enterprises – Freddy Torres BUYER: Kingdom Equities – Dom Casamento BROKERS: Max Belinsky, Dimitri Kapelonis, Constantinos Kapelonis, Austin Roche – @BKR_RealEstateGroup NOTE: In concurrence […]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$156,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,454.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,948.95
Annual Debt Service$167,387.41