Updated Sep 17, 2024
Harry Otterman Purchases Property At 3515 72nd St Queens NY For $1.6 Million With Rep Kevin Louie And Denise Prevete
3515 72nd St, Queens, NY, 11372
$1,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 19, 2023
About this deal
AI
The property involved in the transaction is located at 3515 72nd St, Queens, NY, 11372. It is situated within the Jackson Heights market. The transaction price for the property was $1,600,000.00, and the square footage is recorded as 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,600,000.00
- Address: 3515 72nd St, Queens, NY, 11372
- Market: Jackson Heights
- Seller's Representatives: Kevin Louie - Ripco, Denise Prevete - Cushman & Wakefield
- Buyer: Harry Otterman
In this transaction, Kevin Louie from Ripco and Denise Prevete from Cushman & Wakefield represented the sellers. Harry Otterman was the buyer in this deal.
Players
Jackson Heights MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Jackson Heights multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93