Francisco Diaz Acquires Multifamily Property In Astoria For $1.6M
SOLD
New York
See Similar DealsMultiFamily2,500 SF
Sold 06/06/2019
SOLD
Francisco Diaz Acquires Multifamily Property In Astoria For $1.6M
25-68 42nd St, Long Island City, NY 11103, USA
See Similar DealsMultiFamily2,500 SF
Sold 06/06/2019
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$640
Total Square Footage:2,500 SF
Transaction Type:Sale
The multifamily property located at 25-68 42nd Street in Astoria has been sold for a price of $1,600,000. Spanning across 2,500 square feet, the property was sold at a rate of $640.00 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 25-68 42nd Street, Astoria
- Market: Astoria
The buyer of the property is Francisco Diaz, and the seller is Slavko Vukovic. Representing the seller in the deal was Aliza Britton, while Angela Kontis acted as the buyer's representative.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
Is there something missing? Send suggestions