Jin Min Bao & Jin Lin Acquire Mixed-Use Property In Flushing For $3.3M
42-65 Main Street, Flushing, NY, USA
$3,300,000
$1,000/SF
Building Size
3,300 SF
Asset Type
Mixed-use
Closing
Feb 22, 2021
About this deal
AI
A mixed-use property located at 42-65 Main Street in Flushing has been sold in a recent transaction. The property consists of 2 units and spans a total of 3,300 square feet. The sale price for this transaction was $3,300,000, with a price per unit of $1,650,000. The price per square foot for the property was $1,000.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,300,000
- Address: 42-65 Main Street, Flushing
- Market: Flushing
- Units: 2
- Price per Unit: $1,650,000
- Total Square Feet: 3,300
- Price per Square Foot: $1,000
The buyers of the property are Jin Min Bao and Jin Lin.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Browse New York mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93