Bajram Sahmanovic Acquires 6-Unit Multifamily In New York City For $2.1M
SOLD
$2,100,000
New York
See Similar DealsMultiFamily4,140 SF
Sold 07/11/2023
SOLD
Bajram Sahmanovic Acquires 6-Unit Multifamily In New York City For $2.1M
2527 35th St Astoria, NY, 11103
See Similar DealsMultiFamily4,140 SF
Sold 07/11/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$507
Total Square Footage:4,140 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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