Anton Mato Acquires Woodhaven Resi For $1.34M From Ali Rashid & Sultan Rashid Of KingslandProperties
84-04 Forest Park Drive, Woodhaven, NY 11421, USA
$1,340,000
$507/SF
Building Size
2,640 SF
Asset Type
Co-Op
Closing
Nov 23, 2020
AI
Located at 84-04 Forest Parkway in Woodhaven, this residential property was recently sold. The asset type is a residential property with zoning designated as R3X. The transaction took place on November 24, 2020.
Summary of transaction details
- Property Type: Residential
- Transaction Amount: $1,340,000
- Address: 84-04 Forest Parkway
- Market: Woodhaven
- Asset Type: Residential
- Zoning: R3X
The property was purchased by Anton Mato. Kingsland Properties, represented by Ali Rashid, was the seller. The transaction was facilitated by Ali Rashid from the same real estate agency.
With a total square footage of 2,640, the property was sold at a price per square foot of $507. It consists of two units, leading to a price per unit of $670,000. The previous sale of the property occurred in August 2019, with a sale price of $535,000.
Players
Ridgewood Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.84%
Cash-on-Cash
-3.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93