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7829 Austin Street

Ilio Mavlyanov Acquires Condo From The Austin In Forest Hills For $2.97M
SOLDCondo

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

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.

Players

Sophia Park

Modern Spaces

Broker

$7M

vol

3 deals

Broker
Modern Spaces
Modern SpacesBrokerage

Forest Hills Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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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