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
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