Danny Zelouf Acquires Commercial Property In Hunters Point, Queens For $4.17M
17 Jackson Avenue, Queens, New York 11101, United States
$4,175,000
$147/SF
Building Size
28,281 SF
Asset Type
Commercial
Closing
Apr 27, 2022
AI
The commercial property located at 10-17 Jackson Avenue in Hunters Point, Queens was recently sold in a closed transaction. The property has a zoning classification of R7X, C2-5, LIC, allowing for various commercial uses. The sale took place on April 28, 2022.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $4,175,000
- Address: 10-17 Jackson Avenue, Hunters Point, Queens
- Market: Hunters Point, Queens
- Building Square Footage (BSF): 31,010
- Price per BSF: $134
- Total Square Footage (SF): 28,281
- Price per SF: $147
- Lot Size: 6,202
- Permits: Alteration 2 (09/25/2020)
- Lot Dimension: 100 ft x 55 ft
The buyer in this transaction is Danny Zelouf, while the seller is Michael O'Sullivan.
Players
New York Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.80%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93