Zhi Yuan Sun Acquires Mixed-Use Asset In North Corona For $3.1M
108-65 Roosevelt Avenue, Queens, New York 11368, United States
$3,116,840
$509/SF
Building Size
6,120 SF
Asset Type
Mixed-use
Closing
Jun 1, 2022
About this deal
AI
Located in the North Corona market, the mixed-use property at 108-65 Roosevelt Avenue has recently been sold. The transaction took place on 06/02/2022, with a sale price of $3,116,840. The property spans across 6,120 square feet, with a price per square foot of $509.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,116,840
- Address: 108-65 Roosevelt Avenue
- Market: North Corona
Zhi Yuan Sun acquired the property from Po Sheng Hsu in this transaction.
The mixed use sale at 108-65 Roosevelt Avenue, Queens, New York 11368, United States in New York, New York sold for $3.1M in 2022. The building is 6,120 square feet, implying about 509 per square foot on the published price. This page is the New York, New York file for the 108-65 Roosevelt Avenue, Queens, New York 11368, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 108-65 Roosevelt Avenue, Queens, New York 11368, United States around 2022. Published consideration for 108-65 Roosevelt Avenue, Queens, New York 11368, United States is $3.1M, dated 2022. Cite this Zhi Yuan Sun Acquires Mixed-Use Asset In North Corona For $3.1M sale when underwriting similar mixed use product around New York, New York.
Players
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
5.09%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93