Updated Oct 28, 2024
Sonya Shieh Acquires Sunnyside Multifamily For $2.65M
47-38 39th Place, Queens, New York 11104, United States
$2,650,000
$617/SF
Building Size
4,290 SF
Asset Type
MultiFamily
Closing
Apr 20, 2022
About this deal
AI
A multifamily property located at 4738 39th Pl. in the Sunnyside market has been sold in a closed transaction. The property consists of 4 units with a total square footage of 4,290. The sale price for this transaction was $2,650,000, resulting in a per unit price of $662,500. The price per square foot was $617.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,650,000
- Address: 4738 39th Pl.
- Market: Sunnyside
The buyer in this transaction is Sonya Shieh, and the seller is the Kuzujian Family 2018 Irrevocable Trust. The broker involved in this deal is Barbie Li from B Square Realty.
For more information about other off-market investment properties, interested parties can contact Barbie Li at [email protected] or 646-899-9988.
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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93