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29 Avon Place

MultiFamily Property At 29 Avon Place Sold For $1.9M With Brokers Sam Schwartz And Shlomo Antebi
SOLDMultiFamily

MultiFamily Property At 29 Avon Place Sold For $1.9M With Brokers Sam Schwartz And Shlomo Antebi

29 Avon Place

$1,900,000

$211/SF

Building Size

9,000 SF

Asset Type

MultiFamily

Closing

Jul 16, 2026

AI

The property asset involved in this transaction is a MultiFamily building located at 29 Avon Place in Staten Island. The sale price of the property was $1,900,000, which translates to a price per unit of $111,764 and a total square footage of 9,000 with a price per square foot of $211.

Summary of transaction details:

The key individuals involved in the transaction include brokers Sam Schwartz, Shlomo Antebi, Erik Yankelovich, and Yosef Katz, all of whom represent the property in the deal through Atlas Realty Group, facilitating the sale process and ensuring the transaction was completed efficiently.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

134 deals

Broker

Staten Island 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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93