Hasina Fordusi Acquires Mixed-Use Property In Ozone Park, Queens For $1.02M
SOLD
New York
See Similar DealsMixed-use3,200 SF
Sold 12/09/2021
SOLD
Hasina Fordusi Acquires Mixed-Use Property In Ozone Park, Queens For $1.02M
84-01 101st Avenue, Queens, NY, USA
See Similar DealsMixed-use3,200 SF
Sold 12/09/2021
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$318
Total Square Footage:3,200 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,623.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,835.32
Annual Debt Service$58,023.84
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