Updated Jul 21, 2026
SOLDMultiFamily
Eric Silverstein Sells Multifamily Properties In Woodside And Hollis, Queens For $20.5M
91-35 193rd St #59th, Jamaica, NY 11423, USA
$20,500,000
$153/SF
Building Size
133,381 SF
Asset Type
MultiFamily
Closing
Nov 29, 2020
About this deal
AI
The multifamily property located at 39-30 59th Street and 91-35 193rd Street in Woodside, Hollis, Queens has been sold for a price of $20,500,000. Spanning a total of 133,381 square feet, the property was sold at an average price of $153 per square foot. It consists of 159 units, including a garage, with an average price per unit of $128,930.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $20,500,000
- Address: 39-30 59th Street, 91-35 193rd Street
- Market: Woodside, Hollis, Queens
Ryan Perkoski from RPR Ventures, represented by Ryan Perkoski, facilitated the sale of the property. Eric Silverstein acted as the seller in this transaction.
Players
Hollis 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
0.77%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93