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PEAK Capital Acquires Mixed-Use Property In Hunters Point For $14.75M

Property Image
SOLD
$14,750,000
Jonny Yuran
Ronald "Ron" Solarz
+ 4

New York

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MultiFamily45,700 SF
Sold 07/07/2022
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Property Image
SOLD

PEAK Capital Acquires Mixed-Use Property In Hunters Point For $14.75M

11-55 45th Avenue, Queens, New York 11101, United States

See Similar Deals
MultiFamily45,700 SF
Sold 07/07/2022
Jonny Yuran
Ronald "Ron" Solarz
+ 4
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$322
Total Square Footage:45,700 SF
Transaction Type:Sale

This mixed-use property located at 11-55 45th Ave. in the Hunters Point market was sold for $14,750,000. The asset spans 45,707 square feet, resulting in a price per square foot of $322.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $14,750,000
  • Buyer: PEAK Capital - Alex Rabin & David Gomez
  • Seller: Dean Kartsonis
  • Broker: Jonny Yuran - Newmark
  • Square Footage: 45,707
  • Price Per Square Foot: $322
  • Location: 11-55 45th Ave., Hunters Point
  • Date of Sale: 07/07/2022

This acquisition was sourced off-market and is conveniently located within walking distance to John F. Murray Park and just one block from the Court Square Subway. PEAK Capital is actively seeking value-add multi and mixed-use properties in prime neighborhoods of Western Queens, Brooklyn, and Manhattan.

Players

Dustin Stolly
267 deals$49.4B volume
BROKER

Daniel Fromm
Newmark
82 deals$5.3B volume
BROKER

Jonny Yuran
Newmark
6 deals$67.9M volume
BROKER

Ronald "Ron" Solarz
Newmark
13 deals$206.2M volume
BROKER

Jordan (Jordy) Roeschlaub
Newmark
324 deals$97.5B volume
BROKER

David Gomez
71 deals$402.3M volume
BUYER

Alex Rabin
61 deals$407.9M volume
BUYER

Prime Finance
LENDER

Details

SOLD
IMAGE: Alex Rabin, David Gomez & Jonny Yuran DATE: 07/07/2022 ADDRESS: 11-55 45th Ave. MARKET: Hunters Point ASSET TYPE: Mixed-use BUYER: PEAK Capital - Alex Rabin (@AlexBRabin) & David Gomez (@DavidGomezNYC) SELLER: Dean Kartsonis BROKER: Jonny Yuran (@JonnyYuran) - Newmark (@Newmark) SALE PRICE: $14,750,000 SF: 45,707 ~ PPSF: $322 NOTE FROM BUYER: - Sourced Off Market - Walking Distance to John F. Murray Park - 1 Block from Court Square Subway Peak is actively acquiring value-add multi & mixed-use properties in prime neighborhoods of Western Queens, Brooklyn & Manhattan. Please email Alex Rabin for any new acquisition opportunities at [email protected]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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