Weimin Zou Acquires Mixed-Use Building In Astoria, Queens For $2.22M
30 36th Street, Queens, New York 11105, United States
$2,220,000
$759/SF
Building Size
2,923 SF
Asset Type
Mixed-use
Closing
Mar 8, 2022
About this deal
AI
A mixed-use property located at 30-10 36th Avenue in Astoria, Queens has been sold for a total of $2,220,000. The property spans 2,923 square feet and was sold at a price per square foot of $759. The sale took place on March 9, 2022.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,220,000
- Address: 30-10 36th Avenue
- Market: Astoria, Queens
The buyer of the property is Weimin Zou. The sale was facilitated by John Constantinides from Modern Spaces.
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
7.15%
Cash-on-Cash
-2.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93