Ryan Perkoski Acquires Multi Family Property For $1.65M In Astoria, Queens
34-14 33rd St, Long Island City, NY 11106, USA
$1,650,000
$33/SF
Building Size
50,000 SF
Asset Type
MultiFamily
Closing
May 15, 2019
AI
The multi-family property located at 34-14 33rd Street in Astoria, Queens has been sold in a closed transaction. The property spans 5,000 square feet and was listed with an asking price of $1,950,000. The sale price for this asset was finalized at $1,650,000, resulting in a price per square foot of $330.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $1,650,000
- Market: Astoria, Queens
- Square Footage: 5,000
The seller of the property was Vicki Karamouzis. The buyer who acquired this multi-family asset is Ryan Perkoski. Facilitating the transaction was John Martisch from RPR Ventures, LLC, acting as the broker in this deal.
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93