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
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