SOLDMixed-use
Shiraz Sanjana Acquires Mixed-Use Property In Corona, Queens For $5.4M
3901 103rd Street, Corona, NY 11368
$5,400,000
$540/SF
Building Size
10,000 SF
Asset Type
Mixed-use
Closing
Jun 30, 2020
AI
The mixed-use property located at 39-01 103rd Street in Corona, Queens has been sold for $5,400,000. The transaction took place on June 30, 2021. The property spans 10,000 square feet and has a price per square foot of $540. It is zoned for R6B and C1-4.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,400,000
- Address: 39-01 103rd Street, Corona, Queens
- Market: Corona, Queens
- Zoning: R6B, C1-4
The buyer of the property is Shiraz Sanjana, and the seller is Irene Burinescu.
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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93