Updated Sep 5, 2024
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
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