Nathan Epstein Acquires Multifamily Property In Astoria For $1.85M
19-27 Ditmars Blvd
$1,850,000
$911/SF
Building Size
2,030 SF
Asset Type
MultiFamily
Closing
Apr 27, 2023
AI
A multifamily property located at 32-39 32 St. in Astoria was recently sold for a price of $1,850,000. The property spans across an area of 2,030 square feet with a price per square foot of $911.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Address: 32-39 32 St.
- Market: Astoria
- Square Footage: 2,030
- Price per Square Foot: $911
- Buyer: Nathan Epstein
- Seller: Steven Zizila
- Buyer's Representative: Rachel Epstein - The Agency
- Seller's Representative: Nicholas Halvatzis - Amorelli Realty
Nathan Epstein was the buyer of the property, while Steven Zizila was the seller. Rachel Epstein from The Agency represented the buyer, and Nicholas Halvatzis from Amorelli Realty represented the seller.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93