Yannis Likidis Purchases Mixed-Use Property In Astoria For $1.025M
SOLD
$1,025,000
New York
See Similar DealsMixed-use2,112 SF
Sold 10/19/2022
SOLD
Yannis Likidis Purchases Mixed-Use Property In Astoria For $1.025M
30-93 41st Street
See Similar DealsMixed-use2,112 SF
Sold 10/19/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$485
Total Square Footage:2,112 SF
Transaction Type:Sale
Located at 30-93 41st Street in Astoria, this mixed-use property recently changed hands in a sale transaction.
Summary of transaction details
- Property Type: Mixed-Use
- Sale Price: $1,025,000
- Square Footage: 2,112
- Price Per Square Foot: $485
- Market: Astoria
The buyer, Yannis Likidis, acquired the property from Susan Nuccio Fakir and Rita Gabel Steifman. The deal was facilitated by Matt Fotis, Lazarus Apostolidis, and Danzel Williams of Marcus & Millichap, who represented both the buyer and the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28
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