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35-30 38th Street

Updated Oct 29, 2024

Madison International Acquires Retail Property In Queens For $12.7M
SOLD

Madison International Acquires Retail Property In Queens For $12.7M

Building Size

Asset Type

Closing

Jan 16, 2017

About this deal

AI

No summary available.

Madison International Acquires Retail Property In Queens For $12.7M is logged as a commercial sale on Traded (2017). This page is the market file for the Madison International Acquires Retail Property In Queens For $12.7M commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Cite this Madison International Acquires Retail Property In Queens For $12.7M sale when underwriting similar commercial product. Nearby commercial closings are linked from the comps tab on this Madison International Acquires Retail Property In Queens For $12.7M page.

Players

FC
Forest City (REIT)Seller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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