SOLDCommercial
32 16 36th Street
32 16 36th Street
$1,550,000
Building Size
—
Asset Type
Commercial
Closing
Feb 2, 2011
AI
The asset involved in this transaction is a commercial property located at 32 16 36th Street in the Astoria market. It was sold for a total price of $1,550,000.00.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $1,550,000.00
- Address: 32 16 36th Street
- Market: Astoria
- Buyer: Gina Argento
- Broker: Evan Daniel - Modern Spaces
The deal was facilitated by broker Evan Daniel, representing Modern Spaces. Gina Argento is noted as the buyer in this transaction.
Astoria Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93