Mehran Dayanzadeh Acquires Mixed-Use Property In Elmhurst For $2.45M
5317-19 92nd Street, Elmhurst, NY, USA
$2,450,000
$307/SF
Building Size
7,964 SF
Asset Type
Mixed-use
Closing
Aug 30, 2021
AI
An Elmhurst mixed-use property located at 5317-19 92nd Street was recently sold for $2,450,000. The property spans 7,964 square feet and was sold at a price per square foot of $307. The transaction took place on August 30, 2021.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,450,000
- Address: 5317-19 92nd Street
- Market: Elmhurst
The buyer in this transaction was Mehran Dayanzadeh, while the seller was Deta Realty Corp., represented by Nazir Rahaman. The deal was facilitated by brokers Matt Fotis, Zachary Golub, and Danzel Williams from Marcus Millichap.
Players
Elmhurst 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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93