Mario Hernandez Acquires Mixed-Use Property On Jamaica Avenue In New York City For $2.05M
102-45 Jamaica Ave Richmond Hill, NY 11418, USA
$2,050,000
$269/SF
Building Size
7,616 SF
Asset Type
Mixed-use
Closing
May 18, 2023
About this deal
AI
The mixed-use property located at 102-45 Jamaica Avenue in New York City has been sold for a total price of $2,050,000. The property spans over 7,616 square feet, resulting in a price per square foot of $269. The transaction took place on 05/18/2023.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,050,000
- Square Footage: 7,616
- Price per Square Foot: $269
- Address: 102-45 Jamaica Avenue, New York City
- Market: New York City
Mario Hernandez was the buyer of the property, while Rafael Alayev acted as the seller. The deal was facilitated by Vito Angelo from Remax.
On the Map
$2,050,000
$269/SF
Mixed-use
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New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93