Enis Deljanin & Haris Deljanin Acquire Development Site In Astoria, NY For $780,000
25-20 23rd Street, Queens, New York 11102, United States
$780,000
$390/SF
Building Size
2,000 SF
Asset Type
Development Site
Closing
Mar 13, 2022
AI
A development site located at 25-20 23rd Ave in Astoria, NY has been sold for a price of $780,000. The property spans 2,000 square feet and has a price per square foot of $390. The buyer of the property is Enis Deljanin and Haris Deljanin, while the seller is John Bouras. The buyer was represented by Adis Kolenovic from Kole Group, and the seller was represented by Carmela Vlacich from Realty Executives.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $780,000
- Address: 25-20 23rd Ave, Astoria, NY
- Buyer: Enis Deljanin & Haris Deljanin
- Seller: John Bouras
- Buyer's Representative: Adis Kolenovic - Kole Group
- Seller's Representative: Carmela Vlacich - Realty Executives
- Square Footage: 2,000
- Price Per Square Foot: $390
If you are interested in purchasing your next development site or need assistance with financing options such as purchase, refinance, hard money, or construction loans, you can contact Kole Group at @KoleGroup or by texting 917-485-5519.
Players
New York Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.34%
Cash-on-Cash
-5.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93