Updated Sep 21, 2026
Multifamily Property At 84-37 118th Street Kew Gardens Sold For $4.25M
84-37 118th Street
$4,250,000
$141/SF
Building Size
30,005 SF
Asset Type
MultiFamily
Closing
Aug 28, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily building located at 84-37 118th Street, Kew Gardens. The total sale price was $4,250,000, with a total of 27 units. The building has a total square footage of 30,005, resulting in a price per unit of $157,407 and a price per square foot of $141.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,250,000
- Units: 27
- Square Footage: 30,005
- Price Per Unit: $157,407
- Price Per Square Foot: $141
The individuals involved in the deal include Shlomo Antebi, Yosef Katz, Erik Yankelovich, and Sam Schwartz, who represented Atlas Realty Group as brokers for the transaction.
Players
Kew Gardens 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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93