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114 07 207th Street

Mohammad Hoque And Farhan Seraj Purchase MultiFamily Asset In Cambria Heights For $635,000
SOLDMultiFamily

Mohammad Hoque And Farhan Seraj Purchase MultiFamily Asset In Cambria Heights For $635,000

114 07 207th Street

$635,000

$453/SF

Building Size

1,400 SF

Asset Type

MultiFamily

Closing

Mar 21, 2025

AI

The property involved in the transaction is a MultiFamily asset located at 114 07 207th Street in the Cambria Heights market. The sale price of the property is set at $635,000.00. The building encompasses a total square footage of 1,400.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $635,000.00
  • Address: 114 07 207th Street
  • Market: Cambria Heights
  • Square Footage: 1,400.0
  • Buyer: Mohammad Hoque and Farhan Seraj
  • Seller: Robin Ronbinson

The deal was represented by the buyer Mohammad Hoque and Farhan Seraj, who were the purchasers in this transaction. The seller Robin Ronbinson was involved in the sale as the owner of the property during the deal.

Players

Madan P. Surujpaul

Habitat Realty of New York

Broker

$3M

vol

4 deals

Broker

Cambria Heights 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

24.98%

Cash-on-Cash

-7.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93