Savita Judistir Acquires Mixed-Use Property In Richmond Hill For $2.7M
118 Liberty Avenue, Queens, New York 11419, United States
$2,700,000
$644/SF
Building Size
4,190 SF
Asset Type
Mixed-use
Closing
Dec 10, 2021
About this deal
AI
Located at 118-01 Liberty Avenue in Richmond Hill, this mixed-use property was recently sold in a closed transaction. The property spans 4,190 square feet and was sold for $2,700,000 at a price per square foot of $644.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,700,000
- Date: 12/10/2021
- Address: 118-01 Liberty Avenue
- Market: Richmond Hill
The buyer of the property is Savita Judistir, while Simkho Aranbaev is the seller. The sale was facilitated by Scott Plasky and Billy Stephan from Marcus & Millichap.
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93