Ilio Mavlyanov Acquires Condo From The Austin In Forest Hills For $2.97M
7829 Austin Street
$2,970,000
$1,650/SF
Building Size
1,800 SF
Asset Type
Condo
Closing
Oct 2, 2025
About this deal
AI
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.
On the Map
$2,970,000
$1,650/SF
Condo
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Players
Forest Hills Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $3M for 1,800 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.34%
Cash-on-Cash
-1.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93