Updated Dec 4, 2023
Hui Hua Zhang Acquires Multifamily In Queens, NY For $1.83M
64-19 155th St Queens, NY 11367, USA
$1,830,000
$924/SF
Building Size
1,980 SF
Asset Type
MultiFamily
Closing
Apr 24, 2023
About this deal
AI
A multifamily property located at 64-19 155th Street in Queens, New York City has been sold for $1,830,000. The property consists of three units, with an average price per unit of $610,000. It spans across 1,980 square feet, resulting in a price per square foot of $924.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,830,000
- Units: 3
- Price per Unit: $610,000
- Square Footage: 1,980
- Price per Square Foot: $924
- Address: 64-19 155th Street
- Market: Queens, New York City
The buyer of the property is Hui Hua Zhang, while the seller is Stavros Maidis. Frank Ko from an undisclosed agency represented the interests of both buyer and seller in this transaction.
On the Map
$1,830,000
$924/SF
MultiFamily
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Players
Queens 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
8.67%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93