Updated Dec 21, 2023
David Tamayev Acquires 3-Unit Multifamily In Rego Park, Queens For $1.995M
99-16 63rd Avenue, Queens, New York 11374, United States
$1,995,000
$744/SF
Building Size
2,680 SF
Asset Type
MultiFamily
Closing
Apr 6, 2022
About this deal
AI
Located at 99-16 63rd Ave. in Rego Park, Queens, this multifamily property was recently sold at a price of $1,995,000. The transaction took place on 04/07/2022. The property comprises 3 units with a total square footage of 2,680. The price per unit is approximately $665,000, and the price per square foot is around $744.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,995,000
- Date: 04/07/2022
- Address: 99-16 63rd Ave.
- Market: Rego Park, Queens
The buyer of this property is David Tamayev, while the seller is Igor Shalamov. Mark Akilov from Asset Commercial Realty Group represented both parties as the broker in this transaction.
On the Map
$1,995,000
$744/SF
MultiFamily
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Queens 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
7.95%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93