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2100 77th St, Queens, New Y...

Rocco Sacramone Acquires Mixed-Use Property On 77th Street In Astoria Heights For $1.55M
SOLDMixed-use

Rocco Sacramone Acquires Mixed-Use Property On 77th Street In Astoria Heights For $1.55M

2100 77th St, Queens, New York 11370, United States

$1,550,000

$404/SF

Building Size

3,828 SF

Asset Type

Mixed-use

Closing

Dec 6, 2021

AI

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.

Players

Anthony Lo Verne

Broker

$1.6M

vol

2 deals

Broker

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

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93