Updated Oct 3, 2024
Unknown Buyer Acquires 14227 Barclay Ave In Flushing For $13 Million With Jim Evans As Seller's Representative
14227 Barclay Ave, Queens, NY, 11355
$13,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 20, 2023
About this deal
AI
The property involved in the transaction is located at 14227 Barclay Ave, Queens, NY, 11355. This asset in the Flushing market was sold for $13,000,000.00. The square footage of the property is not specified, but the transaction highlights a significant sale within the area.
Summary of transation details:
- Property Type: Unknown
- Transaction Amount: $13,000,000.00
- Address: 14227 Barclay Ave, Queens, NY, 11355
- Market: Flushing
- Seller's Representative: Jim Evans - Marcus & Millichap
- Buyer: Unknown
- Seller: Unknown
This transaction features Jim Evans representing the seller through Marcus & Millichap. The buyer's identity remains undisclosed, and additional details regarding the seller are also not provided.
Players
Flushing 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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93