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
About this deal
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.
On the Map
$3,000,000
$268/SF
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Players
Astoria CRE Market Snapshot
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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