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.
On the Map
$2,100,000
$507/SF
MultiFamily
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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