Updated Feb 21, 2025
Peak Capital RE Acquires Multifamily Building In Sunnyside, Queens For $1.3M
47-34 45th Street, Sunnyside, Queens County, NY, USA
$1,300,000
$327/SF
Building Size
3,975 SF
Asset Type
MultiFamily
Closing
Jun 22, 2021
About this deal
AI
Peak Capital Real Estate has recently acquired a multifamily property located at 47-34 45th Street in Sunnyside, Queens. The property consists of 6 units and was sold for a price of $1,300,000, resulting in a price per unit of $216,666. The transaction took place on June 23, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Date: June 23, 2021
- Address: 47-34 45th Street, Sunnyside, Queens
- Market: Sunnyside, Queens
The buyer of the property is Peak Capital Real Estate, represented by David Gomez and Alex Rabin. The seller is Constantine Vladu and Viorica Vladu. This acquisition marks Peak Capital's 16th building purchase. Peak Capital Real Estate is excited about this project and is looking forward to future opportunities. For any potential deals, please contact Alex Rabin, the co-Founder and Head of Acquisitions, at [email protected].
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit David Gomez to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93