SOLD
Amy Li Acquires 6-Unit Multifamily In Long Island City For $1.5M
5-43 47th Road
MultiFamily
3,900 SF
3,900 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
3,900 sqft
A multifamily property located at 543 47th Rd. in Long Island City has been sold for $1,500,000. The property consists of 6 units, with a price per unit of $250,000. The total square footage of the property is 3,900, resulting in a price per square foot of $384. The capitalization rate for the property is 4.7%, fully rented and stabilized.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Units: 6
- Price Per Unit: $250,000
- Square Footage: 3,900
- Price Per Square Foot: $384
- Capitalization Rate: 4.7%
- Market: Long Island City
The buyer of the property is Amy Li, while the seller is Fengping Yang. The transaction was facilitated by Lina Shi from S10 Realty Group LLC, representing both the buyer and seller.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Lina Shi
DATE: 07/22/2022
ADDRESS: 543 47th Rd.
MARKET: Long Island City
ASSET TYPE: Multifamily
BUYER: Amy Li
SELLER: Fengping Yang
BROKER: Lina Shi (@Linashi_Broker) - S10 Realty Group LLC
SALE PRICE: $1,500,000
UNITS: 6 ~ PPU: $250,000
SF: 3,900 ~ PPSF: $384
CAP: 4.7% Fully RSView on map
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Address5-43 47th Road
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