Updated Dec 21, 2023
SOLD
Xios Family Acquires Mixed-Use Property In Woodhaven, Queens For $5.6M
9107 Jamaica Ave.
Building Size
—
Asset Type
—
Closing
Jul 31, 2022
About this deal
AI
The mixed-use property located at 9107 Jamaica Ave. in Woodhaven, Queens has been sold for $5,626,000. The property offers a total of 5,065 square feet, resulting in a price per square foot of $1,110. The transaction took place on July 31, 2022.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,626,000
- Square Feet: 5,065
- Price per Square Foot: $1,110
- Address: 9107 Jamaica Ave.
- Market: Woodhaven, Queens
The buyer of the property is the Xios Family, while the seller is David Yonathan. The buyer was represented in the deal by Paul Youssef.
Players
Toms River CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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