Updated Dec 21, 2023
Francisco Diaz Acquires Multifamily Property In Astoria For $1.9M
3124 33rd Street, Astoria, Queens, NY 11106, USA
$1,900,000
$802/SF
Building Size
2,368 SF
Asset Type
MultiFamily
Closing
Mar 28, 2019
About this deal
AI
A multifamily property located at 31-24 33rd St in Astoria has been sold for $1.9 million. The property spans 2,368 square feet, resulting in a price per square foot of $802.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1.9 million
- Address: 31-24 33rd St, Astoria
- Market: Astoria
- Seller: Geraldo & Giuseppe Guarnaccia
- Buyer: Francisco Diaz
- Brokers: Luca Di Ciero - NY SPACE FINDERS and Angela Kontis - Realty Executives
The property was sold on March 29, 2019. Luca Di Ciero from NY SPACE FINDERS and Angela Kontis from Realty Executives represented the respective parties in the transaction.
On the Map
$1,900,000
$802/SF
MultiFamily
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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