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41-02 102nd Street

Rosa Giahn Acquires Mixed-Use Property In Corona, Queens For $2.5M
SOLDMixed-use

Rosa Giahn Acquires Mixed-Use Property In Corona, Queens For $2.5M

$2,500,000

$508/SF

Building Size

4,920 SF

Asset Type

Mixed-use

Closing

Dec 28, 2023

AI

The mixed-use property located at 41-02 102nd Street in Corona, Queens, has been sold for a price of $2,500,000. The property spans across 4,920 square feet, resulting in a price per square foot of $508. The transaction took place on December 28, 2023.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $2,500,000
  • Address: 41-02 102nd Street, Corona, Queens
  • Square Footage: 4,920
  • Price per Square Foot: $508
  • Market: Corona, Queens

The buyer of the property is Rosa Giahn, while the seller is Corazon Dejesus Lopez. The transaction was facilitated by B Square Realty, with Barbie Li and Vivian Chen acting as the brokers representing both parties. Barbie Li, who represents the seller, played a crucial role in negotiating a great deal for this mixed-use property in Corona. The sale transaction also involved seller financing. B Square Realty is experienced in assisting potential sellers in achieving their real estate goals at a high level. They have more commercial listings in the area suitable for 1031 exchange buyers. For more information, interested parties can contact Barbie Li at [email protected] or call 646-889-9988.

Please note that the property sale transaction was concluded successfully, with all the necessary details provided for the asset and individuals involved.

Players

Li Li

B Square Realty

Broker

$83.2M

vol

49 deals

Broker

Market 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