Rocco Sacramone Acquires Mixed-Use Property On 77th Street In Astoria Heights For $1.55M
SOLD
$1,550,000
New York
See Similar DealsMixed-use3,828 SF
Sold 12/06/2021
SOLD
Rocco Sacramone Acquires Mixed-Use Property On 77th Street In Astoria Heights For $1.55M
2100 77th St, Queens, New York 11370, United States
See Similar DealsMixed-use3,828 SF
Sold 12/06/2021
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$404
Total Square Footage:3,828 SF
Transaction Type:Sale
A mixed-use property located at 21-00 77th Street in Astoria Heights has been sold for $1,550,000. The property spans 3,828 square feet and has a price per square foot of $404. The transaction took place on 12/06/2021.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,550,000
- Address: 21-00 77th Street
- Market: Astoria Heights
- Zoning: R4, C1-2
- Square Footage: 3,828
- Price per Square Foot: $404
The buyer of the property is Rocco Sacramone, and the seller is Maria Gravino. The transaction was facilitated by Anthony Lo Verme from Blue Brick Real Estate.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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