Updated Feb 18, 2026
Multifamily Property At 41-30 49th Street Sells For $2.81M With Atlas Realty Group
41 41 49th Street & 41 30 49th Street
$2,812,500
$277/SF
Building Size
4,974 SF
Asset Type
MultiFamily
Closing
Jan 29, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 41-30 49th Street & 41-41 49th Street in Sunnyside. The sale price of the property was $2,812,500, which translates to a price per unit of $234,375 across 12 units. The total square footage of the property is 10,143, making the price per square foot $277.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,812,500
- Units: 12
- Price Per Unit: $234,375
- Square Footage: 10,143
- Price Per Square Foot: $277
Key individuals in this transaction include Sam Schwartz, Yosef Katz, Shlomo Antebi, and Erik Yankelovich, all from Atlas Realty Group, who represented the parties involved in the deal.
On the Map
$2,812,500
$277/SF
MultiFamily
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Players
Sunnyside 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
5.64%
Cash-on-Cash
-1.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93