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32-30 46th St Queens, NY 11...

Tsering Namgyal Acquires Multifamily Property In New York City For $1.315M
SOLDMultiFamily

Tsering Namgyal Acquires Multifamily Property In New York City For $1.315M

32-30 46th St Queens, NY 11103, USA

$1,315,000

$415/SF

Building Size

3,166 SF

Asset Type

MultiFamily

Closing

Jul 20, 2023

AI

A multifamily property located at 32-30 46th Street in New York City has been sold for a price of $1,315,000. The property consists of 2 units and spans a total area of 3,166 square feet.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,315,000
  • Units: 2
  • Price per Unit: $657,500
  • Square Footage: 3,166
  • Price per Square Foot: $415
  • Address: 32-30 46th Street, New York City

Tsering Namgyal is the buyer of the property, while John Zoumberakis is the seller. The transaction was facilitated by Andreas Kambanis from The Bouklis Group, representing the buyer, and Konstantinos Tsoukaris from Remax Elite, representing the seller.

Players

Andreas Kambanis

The Bouklis Group

Broker

$7.2M

vol

4 deals

Broker

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

12.06%

Cash-on-Cash

-3.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93