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30-27 41st Street, Queens, ...

Peak Capital Advisors Acquires Astoria Multifamily For $1.96M From Seller Mary A. Bryant-Frey
SOLDMultiFamily

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

Parry Ermogenous

NextHome

Broker

$4.9M

vol

7 deals

Broker
Peak Capital Advisors
Peak Capital AdvisorsBuyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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