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47-25 44th Street, Sunnysid...

Updated May 12, 2025

Peak Capital RE Acquires Multifamily Property In Sunnyside For $1.35M
SOLDMultiFamily

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

David Gomez

Buyer

$402.3M

vol

71 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $261 per square foot on a published $1.4M for 5,157 square feet (2021).

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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

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