Updated Dec 21, 2023
Cammebys - Schron Family Acquires Multifamily Property In Kew Gardens For $13.3M
82-46 Lefferts Blvd, Queens, NY 11415, USA
Building Size
54,300 SF
Asset Type
MultiFamily
Closing
Nov 28, 2020
About this deal
AI
Eli Schron, Rubin Schron, and Avi Schron have acquired a multifamily property located at 82-46 Lefferts Boulevard in Kew Gardens, Queens. The property was sold for $13,300,000. It spans a total area of 54,300 square feet, resulting in a price per square foot of $244. The property consists of 54 units, with an average price per unit of $246,000. The sellers of the property were Avrohom Sukenik and Chava Pinter. The buyers in this transaction are Cammebys - Schron Family.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,300,000
- Square Footage: 54,300
- Price Per Square Foot: $244
- Number of Units: 54
- Price Per Unit: $246,000
- Seller: Avrohom Sukenik and Chava Pinter
- Buyer: Cammebys - Schron Family
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93