Updated Oct 12, 2026
Jacqueline Cohen Acquires Medical Office Building In Rockaway Beach For $7 Million
90-01 Beach Channel Drive
$7,000,000
$194/SF
Building Size
35,977 SF
Asset Type
Medical Office
Closing
Sep 28, 2026
About this deal
AI
The property asset involved in the transaction is a medical office building encompassing 35,977 square feet located at 90-01 Beach Channel Drive, Rockaway Beach, Queens. The sale was finalized for a total of $7,000,000.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $7,000,000
- Buyer: Jacqueline Cohen
- Seller: Uri Kaufman - Harmony Group Capital
- Market: Rockaway Beach, Queens
This transaction involved Uri Kaufman representing Harmony Group Capital in the sale of the property. The historic Rockaway Courthouse was sold as part of this deal.
On the Map
$7,000,000
$194/SF
Medical Office
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Players
Queens Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93