Lipi Begum Acquires Multifamily Property In New York City
111-07 106th St Queens, NY 11417, USA
$900,000
$417/SF
Building Size
2,158 SF
Asset Type
MultiFamily
Closing
Jun 8, 2023
AI
A multifamily property located at 111-07 106th Street in New York City has been sold in a recent transaction. The property consists of 2 units with a total square footage of 2,158. The sale price for the property was $900,000, resulting in a price per unit of $450,000 and a price per square foot of $417.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $900,000
- Units: 2
- Price per Unit: $450,000
- Square Footage: 2,158
- Price per Square Foot: $417
- Address: 111-07 106th Street, New York City
The buyer of the property is Lipi Begum, while the sellers are Felix & Julia Checo. The transaction was facilitated by Jose Hernandez from Century 21 Monticello Realty. Jose Hernandez represented the seller in the deal.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93