Estate Of Olga Gonzalez Acquires Mixed-Use Property In Jamaica For $570K
104-03 177th Street
$570,000
$254/SF
Building Size
2,240 SF
Asset Type
Mixed-use
Closing
Mar 3, 2023
AI
The mixed-use property located at 104-03 177th Street in Jamaica has been sold in a recent transaction. The property spans a total of 2,240 square feet and was sold for a price of $570,000, resulting in a price per square foot of $254. The sale took place on 03/03/2023.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $570,000
- Square Footage: 2,240
- Price Per Square Foot: $254
- Address: 104-03 177th Street, Jamaica
The buyer of the property is the Estate of Olga Gonzalez, while the seller is SK Holdings represented by Samantha Parsuram. The transaction was facilitated by broker Mike Sezan from Asset Commercial Realty Group.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
27.83%
Cash-on-Cash
-7.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93