Alpha Realty Brokers Sell Woodside Multifamily For $1.7M On 41-22 54th Street
SOLD
$1,700,000
New York
See Similar DealsMultiFamily5,508 SF
Sold 10/06/2022
SOLD
Alpha Realty Brokers Sell Woodside Multifamily For $1.7M On 41-22 54th Street
41-22 54th Street
See Similar DealsMultiFamily5,508 SF
Sold 10/06/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$308
Total Square Footage:5,508 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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