facebook
Traded Co logo
Submit

Miller Family Sells Multifamily Property At 65-60 Booth Street Rego Park For $11.25M

Property Image
SOLD
$11,250,000
Shlomo Antebi
Natan Safdieh
+ 1

New York

See Similar Deals
MultiFamily64,932 SF
Sold 09/26/2024
the dealplayerscompscontact
Property Image
SOLD

Miller Family Sells Multifamily Property At 65-60 Booth Street Rego Park For $11.25M

65-60 Booth Street

See Similar Deals
MultiFamily64,932 SF
Sold 09/26/2024
Shlomo Antebi
Natan Safdieh
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$173
Total Square Footage:64,932 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 65-60 Booth Street in Rego Park. It is a multifamily property with a total of 66 units. The sale price for the asset was $11,250,000, which translates to a price per unit of $170,455. The total square footage of the property is 64,932, giving a price per square foot of $173.

Summary of transaction details:

The individuals involved in the transaction include the seller, the Miller Family, and the broker representatives from Atlas Realty Group, specifically Yosef Katz, Shlomo Antebi, Erik Yankelovich, and Natan Safdieh. Their expertise facilitated the closing of this multifamily property transaction.

Players

Natan Safdieh
22 deals$113.5M volume
BROKER

Erik Yankelovich
Atlas Realty Group
127 deals$1B volume
BROKER

Yosef Katz
Atlas Realty Group
133 deals$1.1B volume
BROKER

Shlomo Antebi
Atlas Realty Group
138 deals$1B volume
BROKER

Details

SOLD
IMAGE: Shlomo Antebi, Yosef Katz, Erik Yankelovich & Natan Safdieh DATE: 09/26/2024 ADDRESS: 65-60 Booth Street MARKET: Rego Park ASSET TYPE: Multifamily SELLER: Miller Family BROKERS: Yosef Katz (@Katz.Yosef), Shlomo Antebi, Erik Yankelovich (@EYfromNY) & Natan Safdieh (https://www.linkedin.com/in/natan-safdieh-462501132/) - Atlas Realty Group (@ARG_NYC) SALE PRICE: $11,250,000 UNITS: 66 ~ PPU: $170,455 SF: 64,932 ~ PPSF: $173

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)

$600,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$39,968.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,330.74
Annual Debt Service$639,968.87