Updated May 12, 2025
Peak Capital Acquires Multifamily Property In Astoria, Queens For $1.9M
30-93 44th Street, Astoria, Queens, NY, USA
$1,900,000
$405/SF
Building Size
4,682 SF
Asset Type
MultiFamily
Closing
Nov 17, 2021
About this deal
AI
The property involved in this transaction is a multifamily building located at 30-93 44th Street in the Astoria neighborhood of Queens. The sale price was $1,900,000, and the building encompasses 4,682 square feet. It features a total of 6 residential units and has a price per square foot of $405, with a price per unit of $316,666.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Address: 30-93 44th Street
- Market: Astoria, Queens
- Asset Type: Multifamily
- Tax Class: 2A
- Square Footage: 4,682
- Price per Square Foot: $405
- Units: 6
- Price per Unit: $316,666
- Buyer: Peak Capital & David Gomez
- Seller: Linda Salak
- Broker: Dylan Walsh - Marcus & Millichap
This transaction highlights the involvement of key market players with Peak Capital and David Gomez as the buyers and Linda Salak as the seller. Dylan Walsh from Marcus & Millichap acted as the broker facilitating this deal. The note from Peak Capital indicates ongoing activity in prime Queens neighborhoods, suggesting further announcements may follow.
Players
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93