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30-09 21st Street, Queens, ...

John Katsigianis Sells Astoria Development Site For $1.4M - Evan Daniel Represents Modern Spaces
SOLDDevelopment Site

John Katsigianis Sells Astoria Development Site For $1.4M - Evan Daniel Represents Modern Spaces

30-09 21st Street, Queens, New York 11102, United States

$1,400,000

Building Size

Asset Type

Development Site

Closing

Nov 1, 2022

AI

The development site located at 30-09 21st Street in Astoria has been sold for a price of $1,400,000. The sale was finalized on 11/02/2022, according to the information shared on the Instagram post by Evan Daniel. Evan Daniel, representing Modern Spaces, acted as the broker in this transaction.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $1,400,000
  • Seller: John Katsigianis
  • Broker: Evan Daniel - Modern Spaces
  • Date: 11/02/2022
  • Address: 30-09 21st Street, Astoria

This transaction involved the sale of a development site in Astoria, with Evan Daniel of Modern Spaces representing John Katsigianis as the seller's broker. The property was sold for a price of $1,400,000, as confirmed by the Instagram post shared by Evan Daniel.

Players

Evan Daniel

Modern Spaces

Broker

$347.5M

vol

65 deals

Broker

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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93