Ilio Mavlyanov Acquires Condo From The Austin In Forest Hills For $2.97M
SOLD
$2,970,000
New York
See Similar DealsCondo1,800 SF
Sold 10/03/2025
SOLD
Ilio Mavlyanov Acquires Condo From The Austin In Forest Hills For $2.97M
7829 Austin Street
See Similar DealsCondo1,800 SF
Sold 10/03/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,650
Total Square Footage:1,800 SF
Transaction Type:Sale
The transaction involved a condo located at 7829 Austin Street in the Forest Hills market. The sale price for the property was $2,970,000, encompassing a total square footage of 2,138 square feet, along with 746 square feet of outdoor space.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,970,000
- Buyer: Ilio Mavlyanov
- Seller: The Austin
- Broker Representatives: Alexander Pereira, Sophia Park & Huan-Chi Huang - Modern Spaces
Ilio Mavlyanov was the buyer in this transaction, while the seller was represented by The Austin. The brokerage team from Modern Spaces, including Alexander Pereira, Sophia Park, and Huan-Chi Huang, facilitated the deal.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$158,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,551.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,079.32
Annual Debt Service$168,951.78
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