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Rong Rong Huang Purchases Mixed-Use Property In Bayside For $1 Million With Brokers Walsh, Kolbus, Baker, And Zikos

Property Image
SOLD
$1,000,000
Dylan Walsh
Nick Kolbus
+ 1

New York

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Mixed-use2,200 SF
Sold 09/26/2024
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Property Image
SOLD

Rong Rong Huang Purchases Mixed-Use Property In Bayside For $1 Million With Brokers Walsh, Kolbus, Baker, And Zikos

214-04 46th Road

See Similar Deals
Mixed-use2,200 SF
Sold 09/26/2024
Dylan Walsh
Nick Kolbus
+ 1
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$454
Total Square Footage:2,200 SF
Transaction Type:Sale

The property asset involved in this transaction is a mixed-use space located at 214-04 46th Road, Bayside. The transaction was completed for a price of $1,000,000, encompassing a total area of 2,200 square feet, which translates to a price per square foot of $454.

Summary of transaction details:

The individuals involved in this transaction include Rong Rong Huang as the buyer and Joel Kronberg as the seller. The brokerage firms representing them were Cushman & Wakefield, with Dylan Walsh, Nick Kolbus, and Kieran Baker, along with Harry Zikos from Oxford Property Group.

Players

Harry Zikos
5 deals$13.9M volume(347) 901-3129
BROKER

Dylan Walsh
Cushman & Wakefield
72 deals$582.7M volume(917) 887-5441
BROKER

Nick Kolbus
Cushman & Wakefield
34 deals$145.2M volume(718) 275-5472
BROKER

Kieran Baker
Cushman & Wakefield
14 deals$81.8M volume(516) 974-6694
BROKER

Details

SOLD
IMAGE: Nick Kolbus, Kieran Baker & Harry Zikos DATE: 09/26/2024 ADDRESS: 214-04 46th Road MARKET: Bayside ASSET TYPE: Mixed-use BUYER: Rong Rong Huang SELLER: Joel Kronberg BROKERS: Dylan Walsh (@DylWalCre), Nick Kolbus (@NKolbus_CRE) & Kieran Baker - Cushman & Wakefield (@CushWake); Harry Zikos (@HarryZikosNY) - Oxford Property Group (@OxfordSpireGroup) SALE PRICE: $1,000,000 SF: 2,200 ~ PPSF: $454

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$3,552.80
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