Gregory Jerez Acquires Property On Sutphin Blvd In Jamaica For $1.18M From Seller Eugene Tamarov
SOLD
$1,180,000
New York
See Similar Deals3,430 SF
SOLD
Gregory Jerez Acquires Property On Sutphin Blvd In Jamaica For $1.18M From Seller Eugene Tamarov
11629 Sutphin BLVD, Queens, NY, 114...
See Similar Deals3,430 SF
Summary
NEW YORK
Price Per Square Foot:$344
Total Square Footage:3,430 SF
Transaction Type:Sale
The property located at 11629 Sutphin Blvd, Queens, NY, within the Jamaica market, has been sold for $1,180,000.00. This asset encompasses a total area of 3430 square feet.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,180,000.00
- Address: 11629 Sutphin BLVD, Queens, NY
- Market: Jamaica
- Square Footage: 3430
- Buyer: Gregory Jerez
- Seller: Eugene Tamarov
- Seller's Representative: Mark Akilov, Asset Commercial Realty Group
The transaction involved Gregory Jerez as the buyer and Eugene Tamarov as the seller, facilitated through the representation of Mark Akilov from Asset Commercial Realty Group, who represented the seller in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,593.80
Annual Debt Service$67,125.62
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