Mary Vryonides & Costa Vryonides Acquire MultiFamily Property In Astoria For $1.575M
23-66 26th Street
$1,575,000
$757/SF
Building Size
2,080 SF
Asset Type
MultiFamily
Closing
Mar 24, 2023
AI
A multi-family property located at 23-66 26th Street in Astoria, was recently sold for $1,575,000. The property comprises four units and spans 2,080 square feet. The price per unit for this transaction amounts to $393,750, while the price per square foot is $757. The sale was finalized on 03/24/2023.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,575,000
- Units: 4
- Price per Unit (PPU): $393,750
- Square Footage (SF): 2,080
- Price per Square Foot (PPSF): $757
The buyers of this property are Mary Vryonides and Costa Vryonides, while Katos Anna TE acted as the seller. The transaction was facilitated by Andreas Kambanis from The Bouklis Group, who represented the buyers.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93