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41 41 49th Street

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

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

10,143 SF

Asset Type

MultiFamily

Closing

Jan 29, 2026

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.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

129 deals

Broker

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