Polo 2 LLC Acquires 49-Unit Multifamily Building In Queens For $12.6M
SOLD
New York
See Similar DealsMultiFamily45,500 SF
Sold 11/29/2020
SOLD
Polo 2 LLC Acquires 49-Unit Multifamily Building In Queens For $12.6M
144-03 Barclay Ave, Flushing, NY 11355, USA
See Similar DealsMultiFamily45,500 SF
Sold 11/29/2020
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:45,500 SF
Transaction Type:Sale
The multifamily property located at 144-03 Barclay Avenue in Queens, New York, was recently sold for a price of $12,600,000. The property consists of a six-story building with a total of 49 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $12,600,000
- Address: 144-03 Barclay Avenue, Queens, New York
- Market: Queens
- Units: 49 (six-story)
The seller of the property was Heller Realty, represented by Josh Heller. On the other hand, Polo 2 LLC, represented by Adam Pokrzywa, acted as the buyer in this transaction. The seller was represented by Aaron Jungreis of Rosewood Realty, while the buyer was represented by Michael Guttman and Jack Zalta, also of Rosewood Realty.
Players
SELLER
Details
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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