Rodrigo Bonilla And Fernando Pacheco Acquire MultiFamily Asset At 106 14 96th Street For $850,000
106 14 96th Street
$850,000
$435/SF
Building Size
1,950 SF
Asset Type
MultiFamily
Closing
Mar 13, 2025
AI
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
Ozone Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.66%
Cash-on-Cash
-5.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93