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.
On the Map
$20,500,000
$153/SF
MultiFamily
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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