Hasina Fordusi Acquires Mixed-Use Property In Ozone Park, Queens For $1.02M
84-01 101st Avenue, Queens, NY, USA
$1,020,000
$318/SF
Building Size
3,200 SF
Asset Type
Mixed-use
Closing
Dec 9, 2021
AI
Located in Ozone Park, Queens, a mixed-use property has been sold at 84-01 101st Avenue. The transaction took place on December 9, 2021, with a sale price of $1,020,000. The property spans 3,200 square feet and has a price per square foot of $318.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,020,000
- Address: 84-01 101st Avenue
- Market: Ozone Park, Queens
The buyer of the property is Hasina Fordusi, while the seller is Afshin Gholom. Representing the seller in this deal are Stephen R. Preuss, Kevin Schmitz, and Charlie Dupont from Ripco.
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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93