facebook
Traded Co logo
Submit

CapriJet Realty's Stellina Napolitano & Theo Eastwind Sell Queens Development Site For $5.73M

Property Image
SOLD
$5,730,000
Stellina Napolitano

New York

See Similar Deals
Development Site22,156 SF
Sold 03/11/2022
the dealplayerscompscontact
Property Image
SOLD

CapriJet Realty's Stellina Napolitano & Theo Eastwind Sell Queens Development Site For $5.73M

67-09 Fresh Pond Road, Queens, New York 11385, United States

See Similar Deals
Development Site22,156 SF
Sold 03/11/2022
Stellina Napolitano
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$258
Total Square Footage:22,156 SF
Transaction Type:Sale

The development site located at 67-09 Fresh Pond Road in Queens was recently sold for a price of $5,730,000. The property spans a total of 22,156 square feet and is categorized as a development site. The transaction took place on March 11, 2022, and involved Tenny Yam as the buyer and David Koptiev as the seller.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $5,730,000

The sale of this development site was facilitated by the brokers Stellina Napolitano and Theo Eastwind from CapriJet Realty. The commercial division of Capri Jet Realty, known as CJ Commercial Branch, specializes in various types of deals such as development, retail, office, hotels, warehouse, and industrial properties. For any sales, leasing, or investment needs, interested parties can contact Stellina Napolitano at (646)-372-7145 or Theo Eastwind at (718) 536-7787.

Players

Stellina Napolitano
1 deal$5.7M volume
BROKER

Theo Eastwind
Capri Jet Realty
13 deals$42.1M volume
BROKER

Details

SOLD
IMAGE: Stellina Napolitano & Theo Eastwind DATE: 03/11/2022 ADDRESS: 67-09 Fresh Pond Road MARKET: Queens ASSET TYPE: Development Site BUYER: Tenny Yam SELLER: David Koptiev BROKERS: Stellina Napolitano (@ShowYouNYC) & Theo Eastwind (@TheoEastwind.RE) - CapriJet Realty (@CapriJetRealty) SALE PRICE: $5,730,000 BSF: 22,156 ~ PPBSF: $258 NOTE FROM BROKER: CJ Commercial Branch, the commercial division of Capri Jet Realty, specializes in development, retail, office, hotels, warehouse & industrial deals for their loyal clients. For all of your sales, leasing & investment needs, contact Theo & Stellina from CJ Commercial Branch! Theo Eastwind (718) 536-7787 Stellina Napolitano (646)-372-7145

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$305,599.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,357.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,163.12
Annual Debt Service$325,957.48