facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

19-19 Ditmars Boulevard, Qu...

George Douroudoudakis Acquires Mixed-use Asset In Astoria For $1.85M
SOLDMixed-use

George Douroudoudakis Acquires Mixed-use Asset In Astoria For $1.85M

19-19 Ditmars Boulevard, Queens, NY, USA

$1,850,000

$513/SF

Building Size

3,600 SF

Asset Type

Mixed-use

Closing

May 23, 2021

AI

The mixed-use property located at 19-19 Ditmars Boulevard in Astoria has been sold in a recent transaction. The property spans a total area of 3,600 square feet and was sold for a price of $1,850,000, resulting in a price per square foot of $513. The sale took place on May 24, 2021.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,850,000

George Douroudoudakis is the buyer of this property, while Valerie Losardo acted as the seller in the transaction. The deal was facilitated by the brokers Dimitrios Kapelonis, Austin Roche, Constantinos Kapelonis, and Max Belinsky from BKR Real Estate Group.

Players

Austin Roche

BKR Real Estate Group

Broker

$21.6M

vol

10 deals

Broker

New York 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

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93