Yngwen Kang Acquires Mixed Use Property In Corona For $3.95M
37-41 103rd Street, Corona, NY, USA
$3,950,000
$594/SF
Building Size
6,650 SF
Asset Type
Mixed-use
Closing
Dec 23, 2020
About this deal
AI
A mixed-use property located at 37-41 103 Street in Corona was sold on December 24, 2020. The property has a total building square footage (BSF) of 10,000, with a price per BSF of $395. The total square footage (SF) of the property is 6,650, and the price per SF is $594. The transaction price for this property was $3,950,000.
Summary of transaction details:
- Property Type: Mixed use
- Transaction Amount: $3,950,000
- Address: 37-41 103 Street
- Market: Corona
The buyer of the property was Yngwen Kang, while the seller was Ya Jing Tung. The previous sale of the property took place on January 2015 for $3 million.
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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93