Updated Dec 21, 2023
David Graber Acquires Commercial Property On Jamaica Avenue In Woodhaven, Queens For $7.7M
93-22 Jamaica Avenue, Queens, New York 11421, United States
$7,745,625
$373/SF
Building Size
20,750 SF
Asset Type
Commercial
Closing
Jun 9, 2022
About this deal
AI
A commercial property located at 93-22 Jamaica Avenue in Woodhaven, Queens has been sold in a recent transaction. The property is zoned as R6A, R3X, and C1-4, making it suitable for various commercial purposes.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $7,745,625
- Address: 93-22 Jamaica Avenue, Woodhaven, Queens
- Market: Woodhaven, Queens
- Buyer: David Graber
- Seller: Gershon Lehrman
- Building Square Footage: 44,784
- Price per Square Foot: $172
- Lot Size: 14,928
- Lot Dimension: 120.67 ft x 130 ft
- Permits: Alteration 2 (4/25/2014)
In this transaction, David Graber acted as the buyer, while Gershon Lehrman was the seller. The property boasts a building square footage of 44,784 and a lot size of 14,928. It is worth noting that the price per square foot for this commercial property is $172.
Players
New York 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
2.05%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93