Peak Capital Advisors Acquires Astoria Multifamily For $1.96M From Seller Mary A. Bryant-Frey
30-27 41st Street, Queens, New York 11103, United States
$1,960,000
$366/SF
Building Size
5,347 SF
Asset Type
MultiFamily
Closing
Sep 15, 2022
AI
The multifamily property located at 30-27 41st St. in Astoria was recently sold in a closed transaction. The property consists of 6 units with a total square footage of 5,347. The sale price for this transaction was $1,960,000, resulting in a price per unit of $326,666 and a price per square foot of $366.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,960,000
- Address: 30-27 41st St.
- Market: Astoria
- Buyer: Peak Capital Advisors
- Seller: Mary A. Bryant-Frey
- Brokers: Parry Ermogenous & Gianfranco Salamone - NextHome Empire
- Units: 6
- Price per Unit: $326,666
- Square Footage: 5,347
- Price per Square Foot: $366
The transaction took place on 09/16/2022 and was facilitated by brokers Parry Ermogenous and Gianfranco Salamone from NextHome Empire.
Players
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
8.09%
Cash-on-Cash
-2.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93