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109-01 72nd Road

Aaron Lowinger & Isaac Rosen Acquire Mixed-use Property In Forest Hills For $11.5M
SOLDMixed-use

Aaron Lowinger & Isaac Rosen Acquire Mixed-use Property In Forest Hills For $11.5M

109-01 72nd Road

$11,500,000

$235/SF

Building Size

48,780 SF

Asset Type

Mixed-use

Closing

Jul 28, 2026

AI

The property at 109-01 72nd Road, located in the Forest Hills market, is a mixed-use asset consisting of 6 commercial units and 42 residential units. The sale price was $11,500,000, with a total of 48 units which translates to a price per unit of $239,583. The total square footage of the property is 48,780, resulting in a price per square foot of $235.

Summary of transation details:

The deal included buyers Aaron Lowinger and Isaac Rosen, further represented by brokers Shlomo Antebi, Yosef Katz, and Erik Yankelovich from Atlas Realty Group, who played a pivotal role in facilitating this transaction.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

135 deals

Broker
Isaac Rosenberg

Isaac Rosenberg

Buyer

$17.9M

vol

2 deals

Buyer

Forest Hills 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

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93