Dr. Rafik Khaimov Acquires Condo In Forest Hills For $1.785M
64-05 Yellowstone Boulevard, Forest Hills, NY, USA
$2,000,000
$493/SF
Building Size
4,055 SF
Asset Type
—
Closing
Mar 3, 2020
About this deal
AI
The Jewish Child Care Association has sold a condo located at 64-05 Yellowstone Boulevard in Forest Hills. The property, with a total area of 4,055 square feet, was sold for $1,785,000, which translates to a price per square foot of $440. The transaction took place on 03/04/2020. The buyer of the condo was Dr. Rafik Khaimov.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,785,000
- Address: 64-05 Yellowstone Boulevard
- Market: Forest Hills
The Jewish Child Care Association was represented by Thomas Donovan, Tommy Lin, Eugene Kim, and Robert Rappa in this sale. On the other hand, Dr. Rafik Khaimov was represented by Mark Kandkhorov from Asset Commercial Realty Group LLC.
On the Map
$2,000,000
$493/SF
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Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $493 per square foot on a published $2M for 4,055 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93