Neng Wang Acquires Flushing Condo At 144-27 Sanford Avenue For $11M
144-27 Sanford Avenue, Queens, New York 11355, United States
$11,016,480
Building Size
—
Asset Type
—
Closing
Apr 25, 2022
About this deal
AI
Located at 144-27 Sanford Avenue in Flushing, this condominium was recently sold for a transaction amount of $11,016,480. The property offers a unique investment opportunity in the Flushing market.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $11,016,480
- Address: 144-27 Sanford Avenue
- Market: Flushing
In this deal, Neng Wang acted as the buyer, while Cun Long Chen and Xin Xiang Lin served as the sellers. The transaction was concluded on April 26, 2022. The sale of this condominium showcases the active real estate market in Flushing and highlights the commitment of these individuals in their real estate ventures.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93