Updated Sep 5, 2024
Bajram Sahmanovic Acquires 6-Unit Multifamily In New York City For $2.1M
2527 35th St Astoria, NY, 11103
$2,100,000
$507/SF
Building Size
4,140 SF
Asset Type
MultiFamily
Closing
Jul 11, 2023
About this deal
AI
A multi-family property located at 2527 35th St. in New York City has been sold for $2,100,000. The property consists of 6 units, with a price per unit of $350,000. It spans across 4,140 square feet, resulting in a price per square foot of $507.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,100,000
- Address: 2527 35th St.
- Market: New York City
- Units: 6
- Price per Unit: $350,000
- Square Footage: 4,140
- Price per Square Foot: $507
The buyer of the property is Bajram Sahmanovic, while the seller is Joe Corbo. The transaction was facilitated by Mario Tsikis from Citi Zone Realty.
Players
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93