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
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