facebook
Traded Co logo
Submit

Peak Capital Acquires Astoria Multifamily For $1.95M With Buyer's Rep Alex Rabin & Seller Halina Bukaj

Property Image
SOLD
$1,950,000
Logan Boenning
Luke Sproviero
+ 4

New York

See Similar Deals
MultiFamily5,541 SF
Sold 09/15/2021
the dealplayerscompscontact
Property Image
SOLD

Peak Capital Acquires Astoria Multifamily For $1.95M With Buyer's Rep Alex Rabin & Seller Halina Bukaj

3534 32nd Street, Astoria, Queens, NY 11106, USA

See Similar Deals
MultiFamily5,541 SF
Sold 09/15/2021
Logan Boenning
Luke Sproviero
+ 4
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$351
Total Square Footage:5,541 SF
Transaction Type:Sale

The multifamily property located at 3534 32nd Street in Astoria was recently sold for $1,950,000. The property consists of 6 units, with a price per unit of $325,000. The total square footage of the property is 5,541, resulting in a price per square foot of $351. The sale took place on September 15, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,950,000
  • Units: 6
  • Price per Unit: $325,000
  • Square Footage: 5,541
  • Price per Square Foot: $351

The buyer of the property was Peak Capital, represented by Alex Rabin and David Gomez. The seller was Halina Bukaj. The deal was facilitated by brokers Derek Bestreich, Luke Sproviero, Donal Flaherty, Logan Boenning, and Stavros Courvaras from Bestreich Realty Group (BRG).

Players

Derek Bestreich
312 deals$1.1B volume(718) 360-8802
BROKER

Donal Flaherty
Investment Property Realty Group (IPRG)
101 deals$367.7M volume(718) 360-8823
BROKER

Luke Sproviero
Investment Property Realty Group (IPRG)
222 deals$848.7M volume
BROKER

Logan Boenning
JLL
7 deals$33.9M volume
BROKER

Stavros Couvaras
Investment Property Realty Group (IPRG)
2 deals$3.5M volume
BROKER

David Gomez
71 deals$402.3M volume
BUYER

Alex Rabin
Peak Capital Advisors
61 deals$407.9M volume
BUYER

Alex Rabin
Peak Capital RE
61 deals$407.9M volume
BUYER

Alex Rabin
61 deals$407.9M volume
BUYER

Details

SOLD
IMAGE: Donal Flaherty, Alex Rabin, David Gomez & Logan Boenning DATE: 09/15/2021 ADDRESS: 3534 32nd Street MARKET: Astoria ASSET TYPE: Multifamily BUYER: Peak Capital (@PeakCapitalRE) - Alex Rabin & David Gomez SELLER: Halina Bukaj BROKERS: Derek Bestreich, Luke Sproviero, Donal Flaherty, Logan Boenning & Stavros Courvaras - Bestreich Realty Group (BRG) (@BRG_CRE) SALE PRICE: $1,950,000 UNITS: 6 ~ PPU: $325,000 SF: 5,541 ~ PPSF: $351

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$103,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94