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1219 31st Dr, Queens, NY, 1...

Unknown Buyer Acquires Property In Astoria For $3 Million Represented By Brian Leary And Catherine Vintonik
SOLD

Unknown Buyer Acquires Property In Astoria For $3 Million Represented By Brian Leary And Catherine Vintonik

1219 31st Dr, Queens, NY, 11106

$3,000,000

$268/SF

Building Size

11,170 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 1219 31st Dr, Queens, NY, 11106, within the Astoria market. The transaction was completed at a price of $3,000,000.00 for a total square footage of 11,170.

Summary of transaction details:

  • Property Type: Not specified
  • Transaction Amount: $3,000,000.00
  • Address: 1219 31st Dr, Queens, NY, 11106
  • Market: Astoria
  • Square Footage: 11,170
  • Seller's Representative: Brian Leary, Catherine Vintonik - CPEX Real Estate, Jidan Kim
  • Buyer: Unknown
  • Seller: Not specified

The individuals involved in this transaction include the seller's representatives, Brian Leary, Catherine Vintonik from CPEX Real Estate, and Jidan Kim. The identity of the buyer remains unknown, while the seller details were not provided.

Players

Jidan Kim

Bridge Property Advisor

Broker

$361.8M

vol

7 deals

Broker

Astoria CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93