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:
- Property Type: Mixed-use
- Transaction Amount: $11,500,000
- Address: 109-01 72nd Road
- Market: Forest Hills
- Units: 48
- Price per Unit: $239,583
- Square Footage: 48,780
- Price per Square Foot: $235
- Buyer: Aaron Lowinger & Isaac Rosen
- Broker Representatives: Shlomo Antebi, Yosef Katz & Erik Yankelovich - Atlas Realty Group
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
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