Mary Vryonides & Costa Vryonides Acquire MultiFamily Property In Astoria For $1.575M
SOLD
$1,575,000
New York
See Similar DealsMultiFamily2,080 SF
Sold 03/24/2023
SOLD
Mary Vryonides & Costa Vryonides Acquire MultiFamily Property In Astoria For $1.575M
23-66 26th Street
See Similar DealsMultiFamily2,080 SF
Sold 03/24/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$757
Total Square Footage:2,080 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64
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