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.
On the Map
$4,250,000
$141/SF
MultiFamily
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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