8 Star Holdings Acquires Property At 4733 5th St Queens From Kyu Heung Park For $12.15M
SOLD
$12,150,000
New York
See Similar Deals22,740 SF
SOLD
8 Star Holdings Acquires Property At 4733 5th St Queens From Kyu Heung Park For $12.15M
4733 5th St, Queens, NY, 11101
See Similar Deals22,740 SF
Summary
NEW YORK
Price Per Square Foot:$534
Total Square Footage:22,740 SF
Transaction Type:Sale
The property located at 4733 5th St, Queens, NY, 11101, situated in the Long Island City market, is a significant asset with a total square footage of 22,740. The transaction was completed for a price of $12,150,000.00.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $12,150,000.00
- Address: 4733 5th St, Queens, NY, 11101
- Market: Long Island City
- Buyer: 8 Star Holdings
- Seller: Kyu Heung Park of Eunhasu Corp.
- Buyer's Representative: Michael Saidian (Capital Property Partners)
- Square Footage: 22,740
The deal involved 8 Star Holdings as the buyer and Kyu Heung Park of Eunhasu Corp. as the seller. Michael Saidian from Capital Property Partners represented the buyer in this transaction, ensuring a successful closure of the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$648,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$43,166.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$57,597.20
Annual Debt Service$691,166.38
Is there something missing? Send suggestions