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89 80th St Brooklyn, NY 112...

Rukhsana Afroz Acquires Multifamily Property In Woodhaven For $685K
SOLDMultiFamily

Rukhsana Afroz Acquires Multifamily Property In Woodhaven For $685K

89 80th St Brooklyn, NY 11209, USA

$685,000

$333/SF

Building Size

2,052 SF

Asset Type

MultiFamily

Closing

Jun 15, 2023

AI

A multifamily property located at 89-08 80th Street in Woodhaven has been sold. The property consists of two units with a total area of 2,052 square feet. The sale price for this transaction was $685,000, resulting in a price per unit of $342,500 and a price per square foot of $334.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $685,000
  • Units: 2
  • Price per Unit: $342,500
  • Square Feet: 2,052
  • Price per Square Foot: $334
  • Market: Woodhaven

Rukhsana Afroz purchased the property from the Public Administrator of Queens County. The brokers involved in this transaction were Mike Sezan and Natali Gil from Asset Commercial Realty Group.

Mike Sezan and Natali Gil from Asset CRG Advisors were exclusively retained by the Queens Public Administrator to facilitate the sale of this multifamily home. For more opportunities like this, you can contact Mike Sezan at [email protected] or Natali Gil at [email protected].

Players

Mike Sezan

Asset CRG Advisors

Broker

$117.6M

vol

17 deals

Broker
PC
Public Administrator of Queens CountySeller

New York 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

23.16%

Cash-on-Cash

-6.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93