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179 31 Tudor Road

Levy Family Acquires Development Site At 179-31 Tudor Road From Hochman Family For $2.35M
SOLDDevelopment Site

Levy Family Acquires Development Site At 179-31 Tudor Road From Hochman Family For $2.35M

179 31 Tudor Road

$2,350,000

$732/SF

Building Size

3,208 SF

Asset Type

Development Site

Closing

Jul 23, 2025

AI

The property asset involved in the transaction is a development site located at 179-31 Tudor Road in Jamaica. The sale price for the property was $2,350,000, with a building square footage (BSF) of 8,400 and a price per building square foot (PPBSF) of $279. The total square footage (SF) is 3,208, with a price per square foot (PPSF) of $732.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $2,350,000
  • Building Square Footage: 8,400
  • Price per Building Square Foot: $279
  • Total Square Footage: 3,208
  • Price per Square Foot: $732
  • Buyer: Levy Family
  • Seller: Hochman Family
  • Seller's Representative: Roni Yaghoobzar - Safdie Realty Group

The sale of 179-31 Tudor Road was facilitated by Roni Yaghoobzar from Safdie Realty Group, who successfully represented the seller in this transaction.

Players

Roni Yaghoobzar

Safdie Realty Group

Broker

$25.8M

vol

15 deals

Broker
Safdie Realty Group
Safdie Realty GroupBrokerage

Jamaica 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

6.75%

Cash-on-Cash

-1.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93