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Multifamily Property At 41-30 49th Street Sells For $2.81M With Atlas Realty Group

Property Image
SOLD
$2,812,500
Shlomo Antebi
Erik Yankelovich
+ 1

New York

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MultiFamily10,143 SF
Sold
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Property Image
SOLD

Multifamily Property At 41-30 49th Street Sells For $2.81M With Atlas Realty Group

41 41 49th Street & 41 30 49th Street

See Similar Deals
MultiFamily10,143 SF
Sold
Shlomo Antebi
Erik Yankelovich
+ 1
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$277
Total Square Footage:10,143 SF
Transaction Type:Sale

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.

Players

Erik Yankelovich
126 deals$1B volume
BROKER

Yosef Katz
Atlas Realty Group
132 deals$1.1B volume
BROKER

Shlomo Antebi
Atlas Realty Group
137 deals$1B volume
BROKER

Sam Schwartz
Atlas Realty Group
6 deals$17.7M volume(212) 419-8069
BROKER

Details

SOLD
IMAGE: Sam Schwartz, Shlomo Antebi, Yosef Katz & Erik Yankelovich DATE: 1/30/2026 ADDRESS: 41-30 49th Street & 41-41 49th Street MARKET: Sunnyside ASSET TYPE: Multifamily BROKERS: Sam Schwartz, Yosef Katz (@Katz.Yosef), Shlomo Antebi & Erik Yankelovich (@EYfromny) - Atlas Realty Group (@ARG_NYC) SALE PRICE: $2,812,500 UNITS: 12 ~ PPU: $234,375 SF: 10,143 ~ PPSF: $277

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$150,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,992.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,332.68
Annual Debt Service$159,992.22