Updated Sep 9, 2024
Emir Sheikh Acquires Astoria Multifamily For $2.75M With Buyer's Rep Mashud Ahmed & Seller's Rep Albi Kallashi
32-82 30th StQueens, NY 11106, USA
$2,750,000
$380/SF
Building Size
7,228 SF
Asset Type
MultiFamily
Closing
Aug 29, 2023
About this deal
AI
A multifamily property located at 32-82 30th Street in Astoria, Queens has been sold for $2,750,000. The property consists of 8 units, with an average price per unit of $343,750. The total square footage of the property is 7,228, resulting in a price per square foot of $380.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,750,000
- Units: 8
- Price per Unit: $343,750
- Square Footage: 7,228
- Price per Square Foot: $380
- Address: 32-82 30th Street, Astoria, Queens
- Market: Astoria, Queens
The buyer of the property is Emir Sheikh, and the seller is Pedro Ventinez. The buyer was represented by Mashud Ahmed from The Bouklis Group, while the seller was represented by Albi Kallashi from Compass.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit The Bouklis Group to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93