Updated Mar 27, 2025
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
About this deal
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.
On the Map
$635,000
$453/SF
MultiFamily
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Cambria Heights 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
24.98%
Cash-on-Cash
-7.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93