facebook
Traded Co logo
Submit

Aron Silver Purchases Multifamily Asset From Janet Williams For $1.575M In Jamaica

Property Image
SOLD
$1,575,000

New York

See Similar Deals
MultiFamily5,874 SF
Sold 03/11/2025
the dealplayerscompscontact
Property Image
SOLD

Aron Silver Purchases Multifamily Asset From Janet Williams For $1.575M In Jamaica

114 64 Merrick Boulevard

See Similar Deals
MultiFamily5,874 SF
Sold 03/11/2025
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$268
Total Square Footage:5,874 SF
Transaction Type:Sale

This multifamily asset located at 114-64 Merrick Boulevard in Jamaica was sold for $1,575,000. The property includes 9 units, with a price per unit of $175,000, and encompasses a total square footage of 5,874, equating to a price per square foot of $268.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,575,000
  • Address: 114-64 Merrick Boulevard
  • Market: Jamaica
  • Units: 9
  • Price per Unit: $175,000
  • Square Footage: 5,874
  • Price per Square Foot: $268
  • Buyer: Aron Silver
  • Seller: Janet Williams
  • Broker: Nadine Morency-Mohs - Jaymore Realty LLC

Nadine Morency-Mohs represented both buildings sold to two separate buyers in this transaction.

Players

NM
Nadine Morency-Mohs
8 deals$11.3M volume
BROKER

Details

SOLD
IMAGE: Nadine Morency-Mohs DATE: 03/11/2025 ADDRESS: 114-62 & 64 Merrick Boulevard MARKET: Jamaica ASSET TYPE: Multifamily BUYER: Aron Silver SELLER: Janet Williams BROKER: Nadine Morency-Mohs (@JaymoreRealty) - Jaymore Realty LLC SALE PRICE: $1,575,000 UNITS: 9 ~ PPU: $175,000 SF: 5,874 ~ PPSF: $268 NOTE FROM BROKER: Realtor represented both buildings sold to two separate buyers

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$84,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64