Chuansheng Wang Acquires Condo Unit In Maspeth, Queens For $4.8M
46-02 70th Street
$4,850,000
$445/SF
Building Size
10,897 SF
Asset Type
Condo
Closing
Nov 20, 2023
About this deal
AI
A retail condo unit located at 46-02 70th Street in Maspeth, Queens, has been sold in a closed transaction. The property, a condominium, spans approximately 10,897 square feet. The transaction took place on November 20, 2023, and the sale price was $4,850,000, equating to a price per square foot of $445.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,850,000
- Address: 46-02 70th Street
- Market: Maspeth, Queens
Chuansheng Wang acquired the retail condo unit from Xiao Ke Tang. Chuansheng Wang was represented by Chuansheng Wang in this transaction.
It is worth noting that the retail condo unit at 46-02 70th Street in Maspeth, Queens, was sold to Chuansheng Wang for $4.8 million.
On the Map
$4,850,000
$445/SF
Condo
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Players
Woodside Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $445 per square foot on a published $4.9M for 10,897 square feet (2023).
Visit Xiao Ke Tang to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93