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Rodrigo Bonilla And Fernando Pacheco Acquire MultiFamily Asset At 106 14 96th Street For $850,000

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SOLD
$850,000

New York

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MultiFamily1,950 SF
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SOLD

Rodrigo Bonilla And Fernando Pacheco Acquire MultiFamily Asset At 106 14 96th Street For $850,000

106 14 96th Street

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MultiFamily1,950 SF
Sold
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$435
Total Square Footage:1950 SF
Transaction Type:Sale

This multifamily property located at 106-14 96th Street in the Ozone Park market has been sold for $850,000. The property encompasses 1,950 square feet and consists of 1 unit, translating to a price per unit of $850,000 and a price per square foot of $435.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $850,000
  • Address: 106-14 96th Street
  • Market: Ozone Park
  • Units: 1
  • Square Footage: 1,950
  • Price per Unit: $850,000
  • Price per Square Foot: $435
  • Buyer: Rodrigo Bonilla & Fernando Pacheco
  • Seller: RMS Group
  • Seller's Representative: Madan P. Surujpaul & Sachin Surujpaul - Sur Group

The transaction featured buyers Rodrigo Bonilla and Fernando Pacheco acquiring the property from the seller RMS Group. The deal was facilitated by the seller's representatives, Madan P. Surujpaul and Sachin Surujpaul from Sur Group.

Players

Sachin Surujpaul
12 deals$16.9M volume
BROKER

Sachin Surujpaul
JRS Realty Management
12 deals$16.9M volume
BROKER

Madan P. Surujpaul
4 deals$3M volume
BROKER

Details

SOLD
IMAGE: Madan P. Surujpaul & Sachin Surujpaul DATE: 03/13/2025 ADDRESS: 106-14 96th Street MARKET: Ozone Park ASSET TYPE: Multifamily BUYER: Rodrigo Bonilla & Fernando Pacheco SELLER: RMS Group SELLER'S REP: Madan P. Surujpaul & Sachin Surujpaul (@TheSursss) (@SurGroupNYC) - Sur Group SALE PRICE: $850,000 UNITS: 1 ~ PPU: $850,000 SF: 1,950 ~ PPSF: $435 NOTE FROM BROKER: Just Sold! ๐Ÿกโœจ 106-14 96th Street, Ozone Park, NY 11417 This beautifully renovated single-family home just set a record-breaking sale at $850,000โ€”the highest price ever for a home of this size with a shared driveway in Ozone Park! Featuring modern upgrades, spacious living areas, and prime location, this property is a true standout. Thinking of buying or selling in Ozone Park? Nowโ€™s the time! ๐Ÿš€๐Ÿ”‘

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$45,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,019.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,029.43
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