Updated Dec 21, 2023
Francisco Diaz Acquires Multifamily Property In Astoria For $1.6M
25-68 42nd St, Long Island City, NY 11103, USA
$1,600,000
$640/SF
Building Size
2,500 SF
Asset Type
MultiFamily
Closing
Jun 5, 2019
About this deal
AI
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.
On the Map
$1,600,000
$640/SF
MultiFamily
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Astoria 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93