facebook
Traded Co logo
Submit

David Gomez Of Peak Capital Advisors Acquires Sunnyside Multifamily From Julio Reyes For $1.55M

Property Image
SOLD
$1,550,000
David Gomez
Lev Mavashev
+ 1

New York

See Similar Deals
MultiFamily3,960 SF
Sold 10/24/2019
the dealplayerscompscontact
Property Image
SOLD

David Gomez Of Peak Capital Advisors Acquires Sunnyside Multifamily From Julio Reyes For $1.55M

48-33 47th St, Queens, NY 11377, USA

See Similar Deals
MultiFamily3,960 SF
Sold 10/24/2019
David Gomez
Lev Mavashev
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$391
Total Square Footage:3,960 SF
Transaction Type:Sale

Located in the Sunnyside neighborhood, the multifamily property at 48-33 47th Street has been sold in a closed transaction. The property spans 3,960 square feet, with a price per square foot (PPFS) of $391. It consists of six units, with a price per unit (PPU) of $258,333. The seller, Julio Reyes, sold the property to the buyer, David Gomez of Peak Capital Advisors, for a sale price of $1,550,000. The deal was facilitated by brokers Lev Mavashev, Yehuda Leser, and Jake Brodie from ALPHA REALTY. The property was initially listed for $1,875,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Address: 48-33 47th Street, Sunnyside
  • Market: Sunnyside
  • SF: 3,960
  • PPFS: $391
  • Units: 6
  • PPU: $258,333

The buyer, David Gomez, represented by Peak Capital Advisors, successfully acquired the property from seller Julio Reyes. The transaction was made possible by brokers Lev Mavashev, Yehuda Leser, and Jake Brodie from ALPHA REALTY. These individuals played a crucial role in facilitating the deal, ensuring the smooth transfer of ownership for the multifamily property located at 48-33 47th Street in Sunnyside.

Players

Lev Mavashev
105 deals$704M volume(212) 658-0955
BROKER

Jake Brodie
5 deals$1.6M volume
BROKER

Yehuda Leser
Alpha Realty
18 deals$100.3M volume
BROKER

David Gomez
Peak Capital Advisors
71 deals$402.3M volume
BUYER

Details

SOLD
IMAGE: Lev Mavashev, Jake Brodie & Yehuda Leser DATE: 10/24/2019 ADDRESS: 48-33 47th Street MARKET: Sunnyside ASSET TYPE: Multifamily SELLER: Julio Reyes BUYER: David Gomez – Peak Capital Advisors BROKERS: Lev Mavashev, Yehuda Leser, Jake Brodie – ALPHA REALTY ASKING PRICE: $1,875,000 SALE PRICE: $1,550,000 SF: 3,960 PPFS: $391 UNITS: 6 PPU: $258,333 NOTE: Property […]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$82,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49