Pericles Notias Acquires Retail Property In Astoria, Queens For $4.25M
SOLD
$4,250,000
New York
See Similar DealsDevelopment Site4,251 SF
Sold 02/16/2024
SOLD
Pericles Notias Acquires Retail Property In Astoria, Queens For $4.25M
23-01 31st Street
See Similar DealsDevelopment Site4,251 SF
Sold 02/16/2024
Summary
NEW YORK
Asset Type:Development Site
Price Per Square Foot:$999
Total Square Footage:4,251 SF
Transaction Type:Sale
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,250,000
- Square Footage: 4,251
- Price per Square Foot: $1,000
- Address: 23-01 31st Street, Astoria, Queens
- Market: Astoria, Queens
- Buyer: Pericles Notias
- Seller: Gregory Andruk
- Brokers: Luca DiCiero, Faisal Gilani & Damian Dakas - NY Space Finders
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$226,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,099.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,147.17
Annual Debt Service$241,766.02
Is there something missing? Send suggestions