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50-12 46th St, Flushing, NY...

Updated Feb 2, 2026

Joe Horodecki Sells Sunnyside, Queens Multifamily For $2M With Brokers Peter Von Der Ahe, Shaun Riney, Dylan Walsh, Jacob Kahn @MarcusMillichap_NY
SOLDMultiFamily

Joe Horodecki Sells Sunnyside, Queens Multifamily For $2M With Brokers Peter Von Der Ahe, Shaun Riney, Dylan Walsh, Jacob Kahn @MarcusMillichap_NY

50-12 46th St, Flushing, NY 11377, USA

$2,000,000

$15/SF

Building Size

128,000 SF

Asset Type

MultiFamily

Closing

Oct 7, 2020

About this deal

AI

A multifamily property located at 50-12 46th Street in Sunnyside, Queens has been sold for $2,000,000. The property spans 12,800 square feet, resulting in a price per square foot of $156. It consists of 17 units, with a price per unit of $117,647.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,000,000
  • Square Footage: 12,800
  • Price per Square Foot: $156
  • Number of Units: 17
  • Price per Unit: $117,647

The buyer and seller in this transaction were not mentioned in the provided context. However, the brokers involved were Peter Von Der Ahe, Shaun Riney, Dylan Walsh, and Jacob Kahn from NewYorkMultifamily, represented by Marcus & Millichap NY.

Players

Peter Von Der Ahe

Marcus & Millichap

Broker

$1.4B

vol

110 deals

Broker
Shaun Riney
Verified Badge

Shaun Riney

Marcus & Millichap

Broker

$1.9B

vol

377 deals

Broker

Woodside MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $15 per square foot on a published $2M for 128,000 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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