Updated May 12, 2025
42 25 Queens Boulevard
42 25 Queens Boulevard
$6,650,000
Building Size
—
Asset Type
Development Site
Closing
Dec 20, 2012
About this deal
AI
The property involved in this transaction is a development site located at 42 25 Queens Boulevard in the Sunnyside market. The sale price was set at $6,650,000.00, reflecting the asset's value within the current real estate landscape.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $6,650,000.00
- Address: 42 25 Queens Boulevard
- Market: Sunnyside
- Buyer: Gina Argento
- Seller: Charlie Terrasi
- Brokers: Evan Daniel - Modern Spaces
This transaction involved key participants such as buyer Gina Argento, who acquired the development site, and seller Charlie Terrasi, who divested the property. The deal was facilitated by broker Evan Daniel from Modern Spaces, representing the interests involved in the sale.
On the Map
$6,650,000
Development Site
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Players
Sunnyside 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
2.39%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93