Updated Dec 20, 2023
Colliers Brokerage Team Sells Multifamily Property In Rockaway Park, Queens For $3.89M
1-92 Beach 102nd Street, Queens, New York 11694, United States
$3,890,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 5, 2022
About this deal
AI
An multifamily property located at 1-92 Beach 102nd Street in Rockaway Park, Queens has been sold for a price of $3,890,000. The transaction took place on 10/06/2022. The property is situated in a desirable market in Rockaway Park.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,890,000
- Address: 1-92 Beach 102nd Street, Rockaway Park, Queens
- Market: Rockaway Park, Queens
The sale of this multifamily property was facilitated by Colliers. The brokers involved in the deal were Jacklene Chesler, Patrick Norris, and Darren Leiderman from Colliers. They represented the parties involved in the transaction.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.08%
Cash-on-Cash
-1.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93