8Star Holdings LLC Acquires Mixuse Property In Long Island From Eunhasu Corp For $12.15M
47-33 5th St, Long Island City, NY 11101, USA
Building Size
6,933 SF
Asset Type
Mixed-use
Closing
Nov 7, 2017
About this deal
AI
Located at 47-33 5th St in New York, this mixed-use property was sold for a total of $12,150,000. The transaction took place in the Long Island market.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $12,150,000
- Seller: Eunhasu Corp
- Buyer: 8Star Holdings LLC
- Broker: Capital Property Partners’s Michael Saidian @saidcity
Capital Property Partners’s Michael Saidian @saidcity represented both the seller, Eunhasu Corp, and the buyer, 8Star Holdings LLC, in this transaction.
Traded’s record for 47-33 5th St, Long Island City, NY 11101, USA in New York, New York covers a mixed use sale from 2017. The building is 6,933 square feet, implying about 0 per square foot on the published price. Michael Saidian, Capital Property Partners appear on the sale alongside Capital Property Partners. This page is the New York, New York file for the 47-33 5th St, Long Island City, NY 11101, USA mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 47-33 5th St, Long Island City, NY 11101, USA around 2017. Cite this 8Star Holdings LLC Acquires Mixuse Property In Long Island From Eunhasu Corp For $12.15M sale when underwriting similar mixed use product around New York, New York.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93