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84-10 34th Avenue

MultiFamily Asset At 84-10 34th Avenue Sold For $6.5M In Jackson Heights With Brokers From Atlas Realty Group
SOLDMultiFamily

MultiFamily Asset At 84-10 34th Avenue Sold For $6.5M In Jackson Heights With Brokers From Atlas Realty Group

84-10 34th Avenue

$6,500,000

$108/SF

Building Size

59,778 SF

Asset Type

MultiFamily

Closing

Jul 16, 2026

AI

The asset involved in the transaction is a MultiFamily property located at 84-10 34th Avenue in the Jackson Heights market. The sale price was $6,500,000, and the property comprises 73 units with a price per unit of $89,041. The total square footage is 59,778, with a price per square foot of $108.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $6,500,000
  • Units: 73
  • Price per Unit: $89,041
  • Square Footage: 59,778
  • Price per Square Foot: $108

The deal involved brokers Shlomo Antebi, Erik Yankelovich, Yosef Katz, and Sam Schwartz, all representing Atlas Realty Group in the transaction. They played a significant role in facilitating the successful sale of the property.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

134 deals

Broker

Jackson Heights 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

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93