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80-20 190th St, Jamaica, NY...

Updated Dec 21, 2023

Richard Zavlyano Acquires Development Site In Jamaica Estates, Queens, NY For $2.7M
SOLDDevelopment Site

Richard Zavlyano Acquires Development Site In Jamaica Estates, Queens, NY For $2.7M

80-20 190th St, Jamaica, NY 11423, USA

$2,749,500

$1,447/SF

Building Size

1,900 SF

Asset Type

Development Site

Closing

Aug 9, 2020

About this deal

AI

Three properties located in Queens, NY have recently been sold in separate transactions. One of the properties, located at 80-20 190th St, was sold for a total price of $999,500. The transaction took place on 08/21, and it is classified as a development site.

Another property, with the address 60 Fir Dr, was sold for an undisclosed amount on 08/16. No additional information is available regarding this transaction.

The third property, located at 22 The Oaks, was also sold recently. However, the date of the transaction and the price are not provided in the available information.

Summary of transaction details

  • Property Type: Development Site
  • Total Price: $2,749,500
  • Address 1: 80-20 190th St
  • Address 2: 60 Fir Dr
  • Address 3: 22 The Oaks

Unfortunately, no additional details are available about the individuals or companies involved in the transactions or any other relevant information about the properties.

Players

Hollis Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $2.7M for 1,900 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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