Mike Mujevic Buys Multifamily In Astoria From Marko Raguzin For $1.5M
28-41 46th Street
$1,500,000
$681/SF
Building Size
2,200 SF
Asset Type
MultiFamily
Closing
Jun 13, 2024
AI
The multifamily property located at 28-41 46th Street in Astoria, Queens, was recently sold for $1,500,000. The property consists of 4 units with a total square footage of 2,200. The price per unit is $375,000, and the price per square foot is $682.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Units: 4
- Square Footage: 2,200
- Price per Unit: $375,000
- Price per Square Foot: $682
- Address: 28-41 46th Street, Astoria, Queens
- Buyer: Mike Mujevic
- Seller: Marko Raguzin
- Buyer's Representative: Adis Kolenovic - Kole Group
- Seller's Representative: Jennifer Kolanovic - Signature Premier Properties
Adis Kolenovic of Kole Group represented the buyer, Mike Mujevic, in the transaction. Jennifer Kolanovic from Signature Premier Properties represented the seller, Marko Raguzin. For the best coffee in Astoria, visit @caffetorinoastoria as recommended by the buyer's representative.
Players
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93