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139-18 250th Street

Updated Oct 29, 2026

S:US Acquires Multifamily Property In Rosedale For $1,800,000 With Cushman & Wakefield Representation
SOLDMultiFamily

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:

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.

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On the Map

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$1,800,000

$499/SF

MultiFamily

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Players

Dimitri P. Venekas

Cushman & Wakefield

Broker

$92.3M

vol

19 deals

Broker
S:US - Services for the Underserved
S:US - Services for the UnderservedBuyer
Kingsland Properties
Kingsland PropertiesSeller
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Rosedale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $499 per square foot on a published $1.8M for 3,604 square feet (2026).

Visit Dylan Walsh to view all their deals.

Browse Rosedale multifamily sales on Traded.

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

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