Yannis Likidis Purchases Mixed-Use Property In Astoria For $1.025M
30-93 41st Street
$1,025,000
$485/SF
Building Size
2,112 SF
Asset Type
Mixed-use
Closing
Oct 19, 2022
AI
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.
Players
Astoria 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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93