Summary
NEW YORK
Asset Type:Commercial
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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