Updated Dec 21, 2023
Grace Cholakian Acquires Multifamily Property In Astoria For $1.5M From Seller Germana Guarnaccia
30-18 35th Street, Astoria, NY, USA
$1,500,000
$627/SF
Building Size
2,392 SF
Asset Type
MultiFamily
Closing
Apr 29, 2021
About this deal
AI
A multifamily property located at 30-18 35th Street in Astoria has been sold. The property spans 2,392 square feet and has a price per square foot of $627. The transaction took place between the buyer, Grace Cholakian, and the seller, Germana Guarnaccia. The deal was facilitated by Luca Di Ciero from NYSpaceFinders.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 30-18 35th Street
- Market: Astoria
Luca Di Ciero from NYSpaceFinders acted as the broker in the sale of this property.
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