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37-04 30th Ave, Queens, NY ...

Irene Becker Sells Mixed-Use Property In Astoria, Queens For $2M
SOLDMixed-use

Irene Becker Sells Mixed-Use Property In Astoria, Queens For $2M

37-04 30th Ave, Queens, NY 11103, USA

$2,000,000

$63/SF

Building Size

31,400 SF

Asset Type

Mixed-use

Closing

Oct 22, 2020

AI

The mixed-use property located at 37-04 30th Avenue in Astoria, Queens has been sold in a recent transaction. The property spans 3,140 square feet and was sold for a total of $2,000,000, resulting in a price per square foot of $637. The property consists of five units, including four residential units and one commercial unit.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $2,000,000
  • Square Footage: 3,140
  • Price per Square Foot: $637
  • Number of Units: 5 (4 residential + 1 commercial)

The seller of the property is Irene Becker. The buyer's identity has not been disclosed in the provided information. The transaction was facilitated by Max Belinsky, Dimitri Kapelonis, Constantinos Kapelonis, and Austin Roche of BKR Real Estate Group.

Players

Austin Roche

BKR Real Estate Group

Broker

$21.6M

vol

10 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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93