Updated Dec 21, 2023
Shauna Parker Acquires Multifamily Property In Far Rockaway For $1.3M
455 Beach 36th Street, Far Rockaway, NY 11691, USA
$1,322,000
$354/SF
Building Size
3,726 SF
Asset Type
MultiFamily
Closing
Sep 30, 2021
About this deal
AI
A multifamily property located at 455 Beach 36th Street in Far Rockaway has been sold for a total price of $1,322,000. The property consists of 4 units and has a total square footage of 3,726. The sale price per square foot is approximately $354, and each unit was sold for an average price of $330,500. The transaction took place on September 30, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,322,000
- Address: 455 Beach 36th Street
- Market: Far Rockaway
- Zoning: R4
The buyer for this multifamily property is Shauna Parker. The transaction was facilitated by Nina Sabag of 5 Boro Realty acting as the broker.
Players
Far Rockaway 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
12.00%
Cash-on-Cash
-3.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93