Updated May 12, 2025
Peak Capital RE Acquires Multifamily Property In Sunnyside For $1.35M
47-25 44th Street, Sunnyside, NY, USA
$1,350,000
$261/SF
Building Size
5,157 SF
Asset Type
MultiFamily
Closing
Aug 1, 2021
About this deal
AI
The property involved in this transaction is a multifamily asset located at 47-25 44th Street in Sunnyside. The sale price of the property was $1,350,000, with a total square footage of 5,157 and a price per square foot of $261. The asset consists of 6 units, translating to a price per unit of $225,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Square Footage: 5,157
- Price per Square Foot: $261
- Number of Units: 6
- Price per Unit: $225,000
- Buyer: @PeakCapitalRE - Alex Rabin & David Gomez
- Seller: John Trojanowski
Alex Rabin and David Gomez of Peak Capital Real Estate represented the buyers in this transaction. This acquisition marks the 17th for @PeakCapitalRE, reflecting their active involvement in prime neighborhoods within Queens, Brooklyn, and Manhattan. Interested parties can reach Alex Rabin via email at [email protected] for value-add deals.
Players
New York 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93