David Feldman Sells Condo At 47-01 Vernon Boulevard In New York City For $14.2M
47-44 Vernon Boulevard
$14,243,000
$949/SF
Building Size
15,000 SF
Asset Type
Condo
Closing
Jan 31, 2023
About this deal
AI
A 15 unit, 4-story condominium located at 47-01 Vernon Boulevard in Long Island City - Hunters Point, New York City, has been sold in a recent transaction. The property, which is a condo, spans 9,232 square feet and was sold for a price of $14,243,000. This translates to a price per square foot of $1,543, setting a new record for deals in the area.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $14,243,000
- Square Footage: 9,232
- Price Per Square Foot: $1,543
- Address: 47-01 Vernon Boulevard, New York City
- Market: New York City
The seller of the property is David Feldman. For further information or to discuss new developments, interested parties can reach out to @hiotisstelios or contact 646-341-0404. It is advised to stay tuned for upcoming developments in Queens.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $949 per square foot on a published $14.2M for 15,000 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93