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41-22 54th Street

Updated Sep 5, 2024

Bilt advertisement
Alpha Realty Brokers Sell Woodside Multifamily For $1.7M On 41-22 54th Street
SOLDMultiFamily

Alpha Realty Brokers Sell Woodside Multifamily For $1.7M On 41-22 54th Street

41-22 54th Street

$1,700,000

$308/SF

Building Size

5,508 SF

Asset Type

MultiFamily

Closing

Oct 6, 2022

About this deal

AI

The multifamily property located at 41-22 54th Street in Woodside has been sold for a total of $1,700,000. The property spans an area of 5,508 square feet, resulting in a price per square foot of $309.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,700,000
  • Address: 41-22 54th Street
  • Market: Woodside

The sellers of the property are The Yaul Family. Representing the transaction were Lev Mavashev, Yehuda Leser, and Ben Normatov from Alpha Realty.

The multifamily sale at 41-22 54th Street in New York, New York sold for $1.7M in 2022. The building is 5,508 square feet, implying about 308 per square foot on the published price. Ben Normatov, Yehuda Leser, Lev Mavashev, Alpha Realty appear on the sale alongside Alpha Realty. This page is the New York, New York file for the 41-22 54th Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 41-22 54th Street around 2022. Published consideration for 41-22 54th Street is $1.7M, dated 2022. Cite this Alpha Realty Brokers Sell Woodside Multifamily For $1.7M On 41-22 54th Street sale when underwriting similar multifamily product around New York, New York.

Players

Lev Mavashev

Alpha Realty

Broker

$751.3M

vol

107 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $308 per square foot on a published $1.7M for 5,508 square feet (2022).

Visit Ben Normatov to view all their deals.

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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