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41-22 54th Street

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

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.

Players

Lev Mavashev

Alpha Realty

Broker

$742M

vol

106 deals

Broker

New York 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

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93