Updated Oct 29, 2026
S:US Acquires Multifamily Property In Rosedale For $1,800,000 With Cushman & Wakefield Representation
139-18 250th Street
$1,800,000
$499/SF
Building Size
3,604 SF
Asset Type
MultiFamily
Closing
Oct 8, 2026
About this deal
AI
The property asset involved in the transaction is a MultiFamily structure located at 139-18 250th Street in the Rosedale market, encompassing a total square footage of 3,604. The asset was sold for a price of $1,800,000, which breaks down to a price per square foot (PPSF) of $499.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,800,000
- Address: 139-18 250th Street
- Market: Rosedale
- Square Footage: 3,604
- Price Per Square Foot: $499
- Buyer: S:US - Services for the Underserved
- Seller: Kingsland Properties
- Buyer's Representative: Jeremy Stern, Dylan Walsh, David Lebenstein & Dimitri P. Venekas - Cushman & Wakefield
Key individuals involved in the transaction include the buyer, S:US - Services for the Underserved, and the seller, Kingsland Properties. The buyer's representatives are Jeremy Stern, Dylan Walsh, David Lebenstein, and Dimitri P. Venekas, who are affiliated with Cushman & Wakefield, representing the buyer in this deal.
On the Map
$1,800,000
$499/SF
MultiFamily
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Players
Rosedale 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93