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33 05 Broadway

Qian You Acquires Mixed-Use Property At 33-05 Broadway In Astoria For $2.5M With Seller's Rep Carmela Vlacich
SOLDMixed-use

Qian You Acquires Mixed-Use Property At 33-05 Broadway In Astoria For $2.5M With Seller's Rep Carmela Vlacich

33 05 Broadway

$2,500,000

$783/SF

Building Size

3,190 SF

Asset Type

Mixed-use

Closing

Aug 20, 2025

AI

The property involved in the transaction is located at 33-05 Broadway, Astoria, and is categorized as a mixed-use asset. The sale price was $2,500,000, encompassing a total square footage of 3,190, resulting in a price per square foot of $783.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,500,000
  • Square Footage: 3,190
  • Price per Square Foot: $783
  • Address: 33-05 Broadway
  • Market: Astoria
  • Buyer: Qian You
  • Seller's Representative: Carmela Vlacich

Carmela Vlacich represented the seller in this transaction. This closing is significant as it marks one of the first completed transactions from the new office at 31-32 Ditmars Blvd, Astoria, NY 11105, indicating a milestone for Carmela Homes. Congratulations were extended to all parties involved in the successful deal.

Players

Carmela Vlacich

Broker

$6.6M

vol

3 deals

Broker

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93