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19-27 Ditmars Blvd

Nathan Epstein Acquires Multifamily Property In Astoria For $1.85M
SOLDMultiFamily

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

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

Nicholas Halvatzis

Amorelli Realty

Broker

$28.9M

vol

9 deals

Broker

New York 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

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93