Updated Nov 20, 2023
Ely Singer Acquires Multifamily Asset In Astoria, Queens For $1.85M
91 44th Street, Astoria, NY, USA
$1,850,000
$395/SF
Building Size
4,680 SF
Asset Type
MultiFamily
Closing
Oct 16, 2018
About this deal
AI
The multifamily property located at 30-91 44th Street in Astoria, Queens was recently sold for a price of $1,850,000. The transaction was completed on October 17, 2018, with Ely Singer as the buyer and Steven Mavrikos as the seller. The property was marketed in the Astoria market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Address: 30-91 44th Street, Astoria, Queens
Richard Bonugera served as the broker representing both parties in the deal.
The multifamily sale at 91 44th Street, Astoria, NY, USA in Long Island City, New York sold for $1.9M in 2018. The building is 4,680 square feet, implying about 395 per square foot on the published price. Named participants on the 91 44th Street, Astoria, NY, USA sale are Richard Bonugera. This page is the Long Island City, New York file for the 91 44th Street, Astoria, NY, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Long Island City sit in the Market section below. Filter that Long Island City multifamily set by closing date to see what else sold near 91 44th Street, Astoria, NY, USA around 2018. Published consideration for 91 44th Street, Astoria, NY, USA is $1.9M, dated 2018. Cite this Ely Singer Acquires Multifamily Asset In Astoria, Queens For $1.85M sale when underwriting similar multifamily product around Long Island City, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93