facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Commercial

/

Sale

/

Horace Harding Expressway, ...

Updated Dec 21, 2023

Manoucherhr Malekan Acquires Commercial Property In Bayside, Queens For $4.5M
SOLDCommercial

Manoucherhr Malekan Acquires Commercial Property In Bayside, Queens For $4.5M

Horace Harding Expressway, Queens, New York 11362, United States

$4,500,000

$312/SF

Building Size

14,405 SF

Asset Type

Commercial

Closing

Jan 27, 2022

About this deal

AI

The commercial property located at 210-01 Horace Harding Expy in Bayside, Queens has been sold for $4,500,000. The property has a building square footage (BSF) of 10,750 with a price per BSF of $418. The total square footage (SF) of the property is 14,405 with a price per SF of $312. The lot size is 21,500 square feet, and the lot dimensions are 215 ft x 100 ft. The property falls under the R2A and C1-2 zoning categories, with a floor area ratio (FAR) of 0.67. The tax class for the property is 4. An alteration permit was issued on May 7, 2018.

Summary of transaction details

  • Property Type: Commercial
  • Transaction Amount: $4,500,000
  • Market: Bayside, Queens
  • Buyer: Manoucherhr Malekan
  • Seller: Kamel Bahary
  • BSF: 10,750
  • PPBSF: $418
  • SF: 14,405
  • PPSF: $312
  • Lot Size: 21,500
  • Permits: Alteration 2 (05/07/2018)
  • Lot Dimension: 215 ft x 100 ft

The buyer of the property is Manoucherhr Malekan, and the seller is Kamel Bahary.

Players

New York Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

Loading comparables…

Deal FAQ

About $312 per square foot on a published $4.5M for 14,405 square feet (2022).

Browse New York commercial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets