Carolyn Robert Purchases MultiFamily Property In Valley Stream For $5.75M With Broker Tom Bigansky
410 North Corona Avenue
$5,750,000
$288/SF
Building Size
19,956 SF
Asset Type
MultiFamily
Closing
Jul 16, 2025
AI
410 North Corona Avenue is a MultiFamily asset located in the Valley Stream market. This property has a sale price of $5,750,000, with a size of 19,956 square feet, resulting in a price per square foot of $288. The property has not been publicly listed since its construction in 1963.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,750,000
- Square Footage: 19,956
- Price Per Square Foot: $288
- Address: 410 North Corona Avenue
- Market: Valley Stream
- Buyer: Carolyn Robert
- Broker: Tom Bigansky - North Village Realty
- Cap Rate: sub 6%
Tom Bigansky from North Village Realty facilitated this off-market sale with the original family who built the property. This transaction is notable for having never been listed on the market prior to this sale. If you are looking for a complimentary valuation on your commercial property, please reach out.
Players
Valley Stream 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
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93